Backed now natively issues tokens on BNB Smart Chain: enabling new integrations and scalability
Zug, Switzerland, August 29th, 2023 Backed has extended its native token issuance to include the BNB Smart Chain (BSC) to bring our products to a wider audience and give our clients the flexibility to choose the blockchain that works best for their use case. Backed is on a mission to bring off-chain assets onto crypto rails. We issue ERC-20 tokens – or equivalent on other chains – that track the value of treasury and corporate bond ETFs as well as stocks. The tokens are freely transferable across wallets, fully collateralized by the underlying assets, and issued in compliance with Swiss