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BTokens Platform

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Category: RWA Tokenisation Platform
TVL: $7.9M

Backed Finance

Backed Finance issues tokenized tracker certificates that represent real-world securities including equities, ETFs, and government bonds. Each token is backed 1:1 by the underlying asset held with licensed custodians and issued as freely transferable ERC-20 and SPL tokens across multiple chains. The platform operates under Switzerland's DLT Act regulatory framework and was acquired by Kraken in December 2025.
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Funding Rounds

Funding Round: M&A
Funding Date: 1 Dec, 2025
Funding Round: Series A
Funding Date: 1 Apr, 2024
Raised Amount: $9.5M
Funding Round: Series A
Funding Date: 1 Apr, 2022
Raised Amount: $3.2M

Investors