Assetera launches Backed tokens on Polygon: NVIDIA, Coinbase, and S&P500 available 24/7

2 weeks ago 15

Assetera, a regulated European platform, introduces 24/7 trading of tokenized assets on Polygon: in collaboration with Backed, it offers securities of major companies like NVIDIA and Coinbase, making financial markets more accessible and transparent.

Let’s see all the details in this article. 

Assetera and Backed: a collaboration that revolutionizes the financial markets, including NVIDIA

Assetera, platform for trading regulated according to MiFID standards, has announced the availability of Backed tokens on the Polygon blockchain.

This step marks an important evolution in the financial sector, making traditional securities available as digital assets to retail and institutional investors outside the United States, with 24/7 availability.

Assetera positions itself as one of the first regulated platforms for real-world assets (RWAs), thanks to the integration with Polygon Proof-of-Stake (PoS). 

While many platforms rely on complex multilateral trading facilities (MTF), Assetera offers an innovative solution, free of manual interventions, operating 24 hours a day, seven days a week.

The collaboration with Backed is part of a strategy aimed at democratizing access to global markets, offering a new way of interacting with traditional securities on the blockchain.

Backed, through its bToken, represents a range of assets that includes shares of leading companies, fixed income products, and index funds. 

Each bToken is fully collateralized and issued according to an EU-approved prospectus, ensuring maximum transparency and security for investors.

A high-profile launch portfolio

The first tokenized assets available on the platform include:

bCOIN, which offers exposure to Coinbase, one of the largest cryptocurrency exchange platforms in the United States. 

bNVDA, which tracks the performance of NVIDIA, a leader in the artificial intelligence and chip sector.

bCSPX, which replicates the S&P500 index, for diversified exposure to blue-chip stocks.

Furthermore, Assetera plans to include tokenized T-Bill ETF trackers and other Backed products in the coming months. All these instruments represent the first blockchain securities for retail available 24/7 in Europe.

Thomas Labenbacher, CEO of Assetera, stated the following: 

“We are excited to collaborate with Backed to bring their tokenized assets to our platform. This partnership reflects our commitment to innovation and the empowerment of global investors. With our regulated platform and atomic settlement capabilities, we are setting new standards for digital asset trading.”

Adam Levi, co-founder of Backed, added:

“Our goal has always been to bridge the gap between traditional finance and blockchain technology. This collaboration with Assetera represents a crucial step in this direction, allowing investors to access traditional financial assets in a regulated and onchain environment.”

Advantages for investors

Investors who choose Assetera benefit from multiple advantages. Firstly, self-custody: bToken can be stored in any wallet, ensuring flexibility.

Then, continuous trading, or the possibility of trading tokenized 24/7, overcoming the limits of traditional market hours. Also not to be underestimated is cross-chain mobility: thanks to Chainlink CCIP, bToken can be transferred between different blockchains.

Furthermore, the blockchain security, as all transactions and ownership data are recorded on Polygon, ensuring transparency and security. Finally, global access: the assets are available for eligible retail and institutional investors in multiple jurisdictions.

Assetera has also recently integrated the Republic Wallet, allowing millions of users to purchase bToken directly from the wallet interface.

This move significantly expands the accessibility of tokenized assets and strengthens Assetera’s position as a leader in the bull sector.

Looking to the future, the platform plans to expand its services beyond the EU/EEA, with license applications currently underway in Dubai and plans to explore the African markets.

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