Backed has partnered with eNor Securities to supply tokenized securities to retail traders in LATAM.
Backed is a distinguished participant in asset tokenization, specializing in representing possession rights of real-world belongings as digital tokens on a blockchain.
The partnership combines Backed’s experience in tokenizing conventional belongings with eNor Securities’ established buying and selling platform, offering a safe funding expertise.
Backed’s tokenized real-world belongings, known as bTokens, signify possession of economic merchandise on-chain and are backed 1:1 by the underlying asset. These merchandise adhere to EU prospectus rules, guaranteeing a better degree of transparency for traders.
Backed lately expanded its portfolio of tokenized shares to incorporate Microsoft, GameStop, MicroStrategy, Tesla, and Alphabet, reinforcing its mission to merge conventional finance with blockchain expertise. These tokenized equities, totally backed by the corresponding shares, can be utilized throughout the DeFi ecosystem, providing traders better flexibility and management over their belongings.
Tokenized securities
Among the many merchandise to be listed on eNor Securities are tokenized variations of Coinbase inventory, the S&P 500 ETF, and varied company and authorities bond ETFs. This providing permits traders in Latin America to diversify their portfolios with publicity to different asset lessons, beforehand out of attain.
eNor Securities, one of many first totally licensed exchanges to supply tokenized securities, views the partnership as a possibility to democratize entry to international belongings.
“By itemizing Backed’s bTokens on eNor Securities, we are able to present international traders with belongings that have been beforehand inaccessible,” stated Bruno Winik, COO of eNor Securities.
The partnership between Backed and eNor Securities marks a vital step in increasing the attain of tokenized securities, providing better alternative and adaptability to traders within the LATAM area.