Backed is revolutionizing how we interact with real-world assets (RWA) through blockchain. With a forecasted market value of up to $10 trillion by 2030, Backed is at the forefront, bridging traditional assets with digital possibilities

What exactly are bTokens Issued by Backed, these ERC-20 tokens represent real-world assets like stocks or ETFs on the blockchain, allowing easier and more efficient trading and investment. A digital leap toward accessible and liquid markets! 💡

The mechanics: bTokens automate the ownership proof of assets like Coinbase and Tesla shares through smart contracts. This innovation not only boosts liquidity but also opens the floor for non-traditional investors to enter the market seamlessly.

Strategic partnerships are key for Backed. By collaborating with giants like @Chainlink Backed ensures its tokenized assets are reliable and verifiable across #DeFi platforms, enhancing security and trust among investors.

How does #Backed monetize? Fees from issuing and redeeming bTokens, providing consultations, and facilitating secondary market trades. A sustainable model that fuels their expansion and supports continuous innovation in asset tokenization.

Dive deeper into how Backed is shaping the future of asset tokenization and stay tuned for more updates. Follow us for more insights on how blockchain is transforming the finance world! 🌐🚀

#DeFi #CryptoInnovations

Read more: https://vinablockchain.com/du-an-backed-btokens/