Backed NIU Technologies

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.