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<p>Backed Finance is a Swiss fintech company specializing in tokenizing real-world assets, such as stocks and ETFs, onto blockchain platforms. It is a pioneer in bridging traditional finance with decentralized finance (DeFi) through compliant and secure tokenization solutions.</p>

<p>December 2, 2025 - Kraken has acquired Backed.&nbsp;</p>

Backed (xStocks)

Backed Finance is a Swiss fintech company specializing in tokenizing real-world assets, such as stocks and ETFs, onto blockchain platforms.

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Backed (xStocks)

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