Tokenized asset issuer Backed has partnered with Latin American exchange eNor Securities to offer tokenized real-world assets (RWAs) to retail investors in that region, Backed said on Tuesday.
Through the partnership, Backed will offer its bTokens on the platform of eNor Securities, a fully regulated exchange based in El Salvador. In this country, the company has already worked on a $100 million public offering of a soybean-backed digital token created by e-Grains, a digital assets issuer for agricultural commodities.
“This collaboration signifies a major step forward in making tokenized securities accessible to a wider audience,” said Bernardo Quintao, Head of Business Development at Backed, in a statement.
Backed is based and regulated in Switzerland. According to its website, it offers tokenization services and has issued tokenized RWAs, including ERC-20 compatible token versions of exchange-traded funds (ETF) and individual stocks such as Coinbase (COIN) and Tesla (TSLA).
In April, Backed raised $9.5 million in a funding round to speed up its private tokenization offering and onboard asset managers to blockchain rails, the company said.
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I am alone, and feel the charm of existence in this spot, which was created for the bliss of souls like mine. I am so happy.
my dear friend, so absorbed in the exquisite sense of mere tranquil existence, that I neglect my talents.
I feel that I never was a greater artist than now. When, while the lovely valley teems with vapour around me, and the meridian sun strikes the upper surface of the impenetrable foliage of my trees, and but a few stray gleams steal into the inner sanctuary.