Backed Finance

Backed Finance
Backed Finance tokenizes real-world assets like stocks and ETFs on blockchain rails for onchain investing.
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What does Backed Finance do?
Backed Finance is a platform that brings traditional financial assets, specifically stocks and ETFs, to blockchain rails through its xStocks product. These composable, tokenized securities are 1:1 backed by underlying real-world assets, enabling decentralized and interoperable investing within DeFi protocols.
How much funding has Backed Finance raised?
Backed Finance has raised a total of $10M in funding. The most recent round on record is Series A.
Where is Backed Finance headquartered?
Backed Finance is headquartered in Zug, Switzerland.
When was Backed Finance founded?
Backed Finance was founded in 2021.
What industry does Backed Finance operate in?
Backed Finance operates in Fintech, Blockchain, Web3, DeFi, Tokenized Real-World Assets, Digital Assets.
How many employees does Backed Finance have?
Backed Finance has approximately 12 people on record.
What is Backed Finance's revenue?
StartupHub estimates Backed Finance's annual revenue at $2.9M (range $2.0M to $4.9M, 64% confidence), based on comparable companies in the sector.
What is Backed Finance's valuation?
StartupHub estimates Backed Finance's effective valuation at $38.0M (range $23.8M to $57.0M, 16% confidence), based on comparable companies in the sector.
