What is the project about?
Backed brings real-world assets (RWAs) such as stocks or ETFs to blockchain rails. For example, our product bNIU is a tracker certificate issued that tracks the price of the Niu Technologies stock
What makes your project unique?
Backed issues permissionless tokens (bTokens) that represent ownership of structured products. Backed tokens are 1:1 backed by the underlying assets, held by Swiss third-party custodians, and are bankruptcy remote book-entry securities.
History of your project.
Backed was incorporated in 2021 in Switzerland due to the regulatory clarity the Swiss DLT Act provided to the project. Backed released its first tokenized product on Ethereum in early Q1 2023. Backed now supports issuance and redemption on many different blockchains.
What’s next for your project?
Backed is working to create the standard for tokenization with a network of protocols benefitting from RWAs on-chain.
What can your token be used for?
Backed enables clients to access sustainable, low-risk yields while keeping their funds entirely on-chain. There is no need to go through TradFi onboarding processes or off-ramp crypto to fiat.
bTokens are utilized by the likes of Gnosis, Angle Protocol, Ribbon Finance, Aragon, and Blueberry to name a few.
Disclaimer:
Backed DOES NOT sell its tokens to U.S. Persons or for the account or benefit of U.S. Persons, and tokens are not marketed, offered, or solicited in the U.S. or in any other prohibited jurisdiction.
For a full list of prohibited and restricted countries and review of legal documentation, please visit https://www.backedassets.fi/legal-documentation
What is the highest value Backed NIU Technologies (BNIU) has ever reached?
Backed NIU Technologies (BNIU) reached its peak price at 2.8 $ on 05 October 2024, approximately 3 days ago ago. Presently, the current price is equal to this historic high.
What is the historical minimum price for Backed NIU Technologies (BNIU)?
The minimum price reached for Backed NIU Technologies (BNIU) was 1.63 $, documented on 06 February 2024, more than 8 months ago. In comparison, the current price is 71.77%, it above this historical low.
What is the fully diluted valuation of Backed NIU Technologies (BNIU)?
The fully diluted valuation (FDV) of Backed NIU Technologies (BNIU) stands at $ 448,269. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of BNIU tokens. The realization of this FDV might take several years depending on the emission schedule of BNIU tokens.
How to add Backed NIU Technologies (BNIU) to MetaMask?
By integrating Backed NIU Technologies (BNIU) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import BNIU as a token. You can either manually import BNIU by copying its contract address (0x2f11eeee0bf21e7661a22dbbbb9068f4ad191b86) or use MetaMask's Chrome extension to add BNIU with a single click through Pirate.Place.
How to add Backed NIU Technologies (BNIU) to TrustWallet?
Incorporating Backed NIU Technologies (BNIU) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include BNIU, you can either manually import it using the contract address (0x2f11eeee0bf21e7661a22dbbbb9068f4ad191b86) or conveniently add it to Trust Wallet with just one click via Pirate.Place if you've installed Trust Wallet's Chrome extension.
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