INX and Backed
Launch On-
Chain Tokenized
NVIDIA• Объект организация » Организации по алфавиту » Организации на Nv » Nvidia Stock Trading
INX and Backed Launch On-Chain Tokenized NVIDIA• Объект организация » Организации по алфавиту » Организации на Nv » Nvidia Stock Trading
Zug, Switzerland, 2nd July 2024, Chainwire
By Chainwire
Jul 2, 2024 Jul 2, 2024
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Zug, Switzerland, July 2nd, 2024, Chainwire
INX, the regulated marketplace for trading security tokens and tokenized
real-world assets, and Backed, a pioneer in real-world asset tokenization,
today announced the listing of tokenized stock on the INX platform for
eligible non-US users. This groundbreaking partnership begins with the launch
of bNVDA, a tokenized security backed one-to-one by NVIDIA Corp• Объект организация » Организации по алфавиту » Организации на Nv » Nvidia (NVDA) stock,
issued on the Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum network, with the blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн ledger conveying
ownership.
The Future of Investing
This launch is a monumental step towards democratizing access to traditional
financial assets and merging them with the 24/7 liquidity and accessibility of
the digital asset space. Non-US eligible investors will be able to trade bNVDA
with the ease and speed of cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта, outside of traditional stock
market hours, and with the ability to fund their account with crypto.
Self-custodial securities open up new possibilities for traders. This is only
the start, with more assets coming in the pipeline, such as ETFs, Bonds, or
even commodities arriving on INX in the future. Backed’s tokenized public
securities are called bTokens, which are permissionless ERC-20 tokens that can
be transferred between wallets freely.
“We are thrilled to have Backed as one of our tokenization and issuance
partners, and we’re excited to initiate the listing of their securities in our
marketplace." said Shy Datika, CEO of INX. "This partnership represents
another milestone in our journey to enable the trading of real-world assets
tokens. We are committed to advancing the accessibility and efficiency of the
tokenized asset market, ushering in a new era of global finance.”
Adam Levi, Backed Co-Founder, added, "Crypto traders have been seeking a
seamless bridge to the traditional market - and tokenized stocks provide
exactly that. bNVDA is just the beginning; we envision a future where
investors can build diversified portfolios of tokenized real-world assets
directly on the blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн. No need to offramp, and users can self custody
their entire portfolio."
INX provides a marketplace for tokenized assets and their partnership with
Backed brings the first tokenized share to this market. This means that
Backed's bNVDA can now be traded on INX, which integrates crypto, fiat,
and security tokens into a unified marketplace. Traders can now benefit from
24/7 availability to trade bNVDA, and fractional share ownership.
Backed’s tokenized assets, including bNVDA, are issued under an EU prospectus,
allowing eligible investors to have full transparency of the products. Holders
of bNVDA have the primary claim to the collateral value, in this case, Nvidia• Объект организация » Организации по алфавиту » Организации на Nv » Nvidia
stock, which is held with a licensed custodian under an account control
agreement. Distributed ledgers (blockchains) are the primary way that
ownership is defined.
With Republic recently reaffirming its commitment to form a strong partnership
with INX, and Backed completing their Series A funding round, the ecosystem
for tokenized securities is becoming increasingly exciting. With partnerships
like this, true interoperability and composability is becoming a reality.
Key Benefits:
● Self-Custody: Hold the securities directly in a wallet that only you have
control over.
● 24/7 Trading: Trade anytime, anywhere, not limited by traditional market
hours.
● DeFi ready: Use your tokenized stocks as collateral for loans or within
other DeFi applications.
● Blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн Security: Leverage the inherent security and transparency of
blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн technology.
● Access: Available to non-US qualified investors across multiple
jurisdictions.
● All On-chain: Fund your account with crypto and invest in tokenized stocks.
How to Get Started
Right now, to trade bNVDA, investors need to create an account on the INX
platform and complete the required verification process .
About INX
INX provides regulated trading platforms for digital securities and
cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта. With the combination of traditional markets expertise and a
disruptive fintech approach, INX provides state-of-the-art solutions to modern
financial problems. INX is led by an experienced and dedicated team of
business• Экономика » Бизнес, finance, and technology veterans with the shared vision of
redefining the world of capital markets via blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн technology and a
disciplined regulatory approach
In a world where anything can be tokenized on a blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн network, INX
provides an innovative, regulated marketplace for trading these security
tokens, accommodating both fiat and cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта. Led by an experienced
and dedicated team of business• Экономика » Бизнес, finance, and technology veterans, INX shares a
vision to redefine capital markets through blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн technology and a
disciplined regulatory approach.
LinkedIn• Объект бренды » Бренды на l » LinkedIn: https://www.linkedin• Объект бренды » Бренды на l » LinkedIn.com/company/theinxdigitalcompany/
X / Twitter• Объект организация » Организации по алфавиту » Организации на Tw » Twitter, Inc.: https://x.com/INX_Group
Website: https://www.inx.co/
About Backed
Backed brings real-world assets on-chain. Backed issues permissionless tokens
that track the value of real-world assets and are fully collateralized by
them, such as stocks or ETFs. Tokens are issued under an approved EU
prospectus. Backed offers tokenization services to institutional clients,
bridging the gap between TradFi and DeFi.
The Backed Assets (JE) bNVDA (ticker symbol: bNVDA) is a tracker certificate
issued as an ERC-20 token, which tracks the price of the NVIDIA Corp• Объект организация » Организации по алфавиту » Организации на Nv » Nvidia.
Backed’s tracker products (bTokens) are not offered, sold, or delivered within
the United States• Соединённые Штаты Америки (США), or for the account or benefit of U.S• Соединённые Штаты Америки (США). Persons. For a full
list of prohibited and restricted countries, and to review legal
documentation, please visit https://www.assets.backed.fi/legal-documentation
LinkedIn• Объект бренды » Бренды на l » LinkedIn: https://www.linkedin• Объект бренды » Бренды на l » LinkedIn.com/company/backed-finance/
X / Twitter• Объект организация » Организации по алфавиту » Организации на Tw » Twitter, Inc.: https://twitter.com/backedfi
Website: https://backed.fi/
Contact
MarketAcross
pr@marketacross.com
Disclaimer: Press release sponsored by our commercial partners.
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