TechFlow news — Backed, a tokenized asset issuer headquartered in Switzerland, has announced the completion of a $9.5 million funding round led by Gnosis, with participation from Exor Seeds, Cyber Fund, and several other institutions.
The funds will be used to accelerate Backed's private token issuance services and onboard more asset management firms onto blockchain platforms.
As a regulated and compliant entity, Backed has already issued over $50 million worth of tokenized physical assets, including tokenized ETF products and individual stock tokens such as Coinbase (COIN) and Tesla (TSLA).
Add to Favorites
Share to Social Media
