Tokenized Stocks Unleash a New Era: Backed Finance Brings Traditional Equities to Crypto Exchanges
2025-07-04 05:41:00
Main Idea
Backed Finance has launched tokenized versions of 60 prominent equities and ETFs, including Apple and Microsoft, on blockchain platforms, aiming to bridge traditional finance and the crypto world.
Key Points
1. Tokenized stocks are blockchain-based representations of traditional securities, enabling 24/7 trading and fractional ownership.
2. Backed Finance's initiative includes major companies like Apple and Microsoft, as well as ETFs such as SPDR S&P 500.
3. These tokenized assets are available on crypto exchanges like Bybit and Kraken and integrated with Solana-based DeFi protocols.
4. The launch expands the range of assets available in DeFi, offering new opportunities for investors and the crypto ecosystem.
5. This move highlights blockchain's potential beyond cryptocurrencies, blending traditional finance's stability with blockchain's innovation.
Description
BitcoinWorld Tokenized Stocks Unleash a New Era: Backed Finance Brings Traditional Equities to Crypto Exchanges A truly transformative moment is unfolding at the intersection of traditional finance and the crypto world. Backed Finance has just announced a groundbreaking initiative, launching tokenized stocks for a selection of 60 prominent equities and Exchange Traded Funds (ETFs), including household names like Apple and Microsoft. This isn’t just news; it’s a pivotal step towards a more interc...
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