In a landmark move for the Latin American financial markets, Backed, a pioneer in asset tokenization, has announced a strategic partnership with eNor Securities, a regulated investment exchange and marketplace for tokenized assets based in El Salvador. This collaboration will see Backed’s Real World Assets (RWAs) offered to retail investors across the fast-growing Latin American (LATAM) market, marking a significant step towards democratizing access to global financial products.
Unlocking New Investment Opportunities in LATAM
The partnership between Backed and eNor Securities is set to revolutionize the way LATAM investors engage with financial markets. Backed’s expertise in tokenization, combined with eNor Securities’ licensed trading platform, will provide investors with seamless access to a diversified range of tokenized assets. These assets, known as bTokens, represent ownership of underlying financial products on the blockchain, offering a new level of transparency and security in investment.
The LATAM market has long been underserved in terms of access to global financial assets. This partnership aims to fill that gap by offering investors the opportunity to invest in tokenized securities through a secure and regulated platform. For many, this will be their first chance to participate in global markets traditionally dominated by institutional investors in more developed regions.
A Milestone for Tokenized Securities
Backed’s bTokens are permissionless tokens that are 1:1 backed by the underlying asset, meaning that the token holder has the primary claim to the asset’s value. These tokens are issued in compliance with EU prospectus regulation, ensuring that investors receive the same level of transparency and protection as they would in traditional financial markets. Among the first products to be listed on the eNor Securities platform are tokenized versions of popular financial instruments, including:
bCOIN: A tokenized version of Coinbase stock.
bCSPX: A token representing the SP500 ETF.
Various Corporate and Government Bond ETFs: Offering investors exposure to a wide range of fixed-income securities.
This diverse portfolio of bTokens allows investors to build well-rounded portfolios with exposure to alternative asset classes, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi).
Bernardo Quintao, Head of Business Development at Backed, said, “We are thrilled to partner with eNor Securities, a pioneer in the Latin American security token market. This collaboration signifies a major step forward in making tokenized securities accessible to a wider audience.”
Backed has been at the forefront of bringing real-world assets on-chain, providing institutional clients with tokenization services that ensure full collateralization and regulatory compliance. The partnership with eNor Securities extends these benefits to a broader audience, offering retail investors in LATAM unprecedented access to global financial products.
Expanding Access to Global Markets
eNor Securities, one of the first fully licensed investment exchanges in the LATAM region to offer tokenized securities, is on a mission to democratize access to global financial markets. The company’s platform offers a comprehensive ecosystem for trading cryptocurrencies and tokenized securities, providing investors with a seamless and integrated experience.
Bruno Winik, Chief Operating Officer at eNor Securities, added, “By listing Backed’s bTokens on eNor Securities, we can provide global investors assets that were previously inaccessible, democratizing the access for a more globalized and free market.”
eNor Securities is not just focused on LATAM; its platform has a global reach, catering to both institutional and retail investors accustomed to traditional assets. By incorporating Backed’s bTokens into its offerings, eNor Securities is setting a new standard for how securities are traded in the region.
The Future of Investment in LATAM
The partnership between Backed and eNor Securities is more than just a business collaboration; it represents a new era of financial inclusion for Latin American investors. By leveraging blockchain technology and regulatory compliance, this partnership aims to create a vibrant ecosystem for tokenized securities, offering greater choice, flexibility, and access to global markets.
As both companies continue to innovate, the future of investment in LATAM looks promising. With Backed and eNor Securities leading the charge, retail investors in the region will now have the tools and opportunities to participate in the global financial markets like never before.
Backed is a leading innovator in the field of asset tokenization, bringing real-world assets on-chain through permissionless tokens that track the value of underlying assets such as stocks and ETFs. Backed’s tokens are issued under an approved EU prospectus, providing a secure and transparent investment option for both institutional and retail clients. The company’s mission is to bridge the gap between traditional finance and decentralized finance, offering cutting-edge solutions that empower investors worldwide.
eNor Securities is a fully regulated investment exchange based in El Salvador, specializing in the listing and trading of tokenized RWAs. The company offers a comprehensive ecosystem that includes expert tokenization advisory services, guiding the issuance, structuring, and distribution of high-quality regulated assets. As part of the eNor Group, eNor Securities leverages a rich legacy and global network to pioneer innovation in blockchain-based capital markets, providing investors with a transformative financial experience.