This partnership unlocks a new avenue for Latin American investors seeking access to assets through secure and transparent security token offerings. Backed's tokenization expertise combined with eNor Securities' trading platform creates a streamlined and efficient investment experience for an underserved market.
Backed’s tokenized RWAs - bTokens - represent ownership of financial products on-chain which are 1:1 backed by the underlying asset. This means someone holding a bToken has the primary claim to the value of the underlying asset. Backed’s products are issued in compliance with EU prospectus regulation, providing additional transparency to investors.
Some of the products being listed include tokenized Coinbase stock (bCOIN), SP500 ETF (bCSPX), and various corporate and government bond ETFs. This diversification allows investors to build well-rounded portfolios with exposure to alternative asset classes.
“We are thrilled to partner with eNor Securities, a pioneer in the Latin American security token market,” said Bernardo Quintao, Head of Business Development at Backed. “This collaboration signifies a major step forward in making tokenized securities accessible to a wider audience.”
eNor Securities is one of the first investment exchanges fully licensed to offer tokenized securities. The company, based in El Salvador, is expanding its asset portfolio to absorb institutional and retail investors who are used to traditional assets. eNor Securities Platform has a global reach, offering cryptocurrencies and tokenized securities all on one platform.
Bruno Winik, Chief Operating Officer at eNor Securities, added, “By listing Backed’s bTokens on eNor Securities, we can provide global investors assets that were previously inaccessible, democratizing the access for a more globalized and free market.”
This partnership paves the way for a future of democratized investment in the LATAM region. Backed and eNor Securities are committed to fostering a vibrant ecosystem for tokenized securities, offering investors greater choice and flexibility.
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.
Backed’s native tokens are not offered, sold, or delivered within the United States, or for the account or benefit of U.S. Persons. For a full list of prohibited and restricted countries, and to review of legal documentation, please visit https://www.assets.backed.fi/legal-documentation
LinkedIn: https://www.linkedin.com/company/backed-finance/
X / Twitter: https://twitter.com/backedfi
Website: https://backed.fi/
About eNor Securities
eNor Securities is a fully regulated exchange that enables a premier marketplace for tokenized Real World Assets (RWAs) and provides expert tokenization advisory; guiding issuance, structuring, and facilitating the distribution of high-quality regulated assets on our exchange. eNor offers a comprehensive ecosystem specialized in blockchain-based capital markets.
As part of the eNor Group, we leverage a rich legacy and a global network to pioneer innovation in the commodities market, collaborating with industry leaders to form influential partnerships. More than a financial hub, eNor Securities is a transformative experience that empowers individuals and businesses to explore, trade, invest, and innovate in a limitless financial realm.
For more information, please visit https://enorsecurities.com/.
Disclaimers:
The Backed CSPX Core S&P 500 (ticker symbol: bCSPX) (“bCSPX”) is a tracker certificate issued as an ERC-20 token, which tracks the price of the S&P 500 Index through the iShares Core S&P 500 UCITS ETF USD. Backed Finance AG and its subsidiary Backed Assets (JE) Limited ("Backed") are not affiliates of or licensed by BlackRock Inc, BlackRock Fund Advisors and any of its affiliates ("BlackRock"), and BlackRock are not responsible in any way to bCSPX products. The S&P 500 Index is a product of S&P Dow Jones Indices LLC. S&P®, S&P 500®, SPX®, US 500 and The 500 are trademarks of S&P Dow Jones Indices LLC or its affiliates, S&P Global, Inc. or Standard & Poor’s Financial Services LLC, and Dow Jones Trademark Holdings LLC (all together, the "S&P Dow Jones Indices"), certain of which have been licensed and sublicensed, as applicable, for use for certain purposes by Backed. S&P Dow Jones Indices (i) does not sponsor, endorse, sell, or promote bCSPX; (ii) does not make any representation regarding the advisability of investing in such product(s); (iii) does not have liability for any errors, omissions, or interruptions of S&P 500 or the ability of S&P 500 to track market performance; (iv) expressly disclaims responsibility for damages, including indirect or consequential damages; (v) expressly disclaims all warranties, including, without limitation, accuracy, timeliness, completeness and fitness for purpose.
