Billions of people around the world lack access to fundamental investment tools necessary for protecting and growing the value of their hard-earned savings. Backed allows easy access and ownership of tokens representing popular securities, providing unparalleled accessibility to proven portfolio building blocks and granting more people worldwide the ability to participate in value creation by developed first-world economies.
Backed will bring to market a set of ERC-20 tokens, each representing the economic value of a major equity asset, such as Tesla, Google, Apple, Amazon, or the S&P 500. Tokens are fully transferable and can be traded freely on decentralized platforms such as Uniswap.