Tokenized asset issuer Backed completes $9.5 million financing, led by Gnosis

Techub News · 2024-04-30T13:09:05.000Z

According to Techub News, CoinDesk reported that tokenized asset issuer Backed completed US$9.5 million in financing, led by Gnosis, with participation from Exor Seeds, Cyber Fund, Mindset Ventures, Stake Capital Ventures, Blockchain Founders Fund, Blue Bay Capital and Nonce Classic. The financing will be used to accelerate the issuance of private tokens and the entry of asset management companies into the blockchain field. Backed, which is backed and regulated in Switzerland, provides tokenization services and has issued more than $50 million worth of tokenized RWAs, including ERC-20 compatible token versions of ETFs and individual stocks such as Coinbase (COIN) and Tesla (TSLA), according to its website.

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