Backed partners with eNor to offer more securities to retail investors

Backed has partnered with eNor Securities to offer tokenized securities to retail investors in LATAM.

Backed is a major player in asset tokenization, specializing in representing ownership rights of real-world assets as digital tokens on a blockchain.

This partnership combines Backed’s expertise in tokenizing traditional assets with eNor Securities’ established trading platform, providing a secure investment experience.

Backed’s tokenized real-world assets, called bTokens, represent ownership of financial products on-chain and are backed 1:1 by the underlying asset. These products comply with EU prospectus regulations, providing a higher level of transparency for investors.

Backed recently expanded its tokenized stock portfolio to include Microsoft, GameStop, MicroStrategy, Tesla, and Alphabet, furthering its mission to combine traditional finance with blockchain technology. Fully backed by their respective stocks, these tokenized stocks can be used in the DeFi ecosystem, offering investors greater flexibility and control over their assets.

Tokenized securities

The products to be listed on eNor Securities include tokenized versions of Coinbase shares, the S&P 500 ETF and a variety of corporate and government bond ETFs. The offering allows investors in Latin America to diversify their portfolios with exposure to alternative asset classes that were previously out of reach.

eNor Securities, one of the first fully licensed exchanges to offer tokenized securities, sees the partnership as an opportunity to democratize access to global assets.

“By listing Backed’s bTokens on eNor Securities, we are able to provide global investors with assets they previously did not have access to,” said Bruno Winik, COO of eNor Securities.

The partnership between Backed and eNor Securities represents a critical step in expanding the reach of tokenized securities, providing greater choice and flexibility to investors in the LATAM region.