Dashboard Ecosystem Protocol Index

Backed Finance

Tokenised securities tracking real-world financial instruments

Overview

Backed Finance issues fully-backed tokenised securities that track the performance of real-world financial instruments such as bonds, equities, and ETFs. Products like bIB01 (tokenised short-term US Treasury ETF) and bCSPX (tokenised S&P 500 ETF) are issued as ERC-20 tokens on Ethereum and are backed 1:1 by the underlying securities held in regulated custody. Backed operates under Swiss regulatory frameworks and each token is a structured product with a legal claim on the underlying asset. This makes Backed tokens among the most regulatory-compliant tokenised securities available on public blockchains.

Key Products & Features

  • bIB01 — tokenised iShares Treasury Bond ETF
  • bCSPX — tokenised S&P 500 ETF
  • bC3M — tokenised Euro short-term bond ETF
  • bCOIN — tokenised Coinbase equity

Why This Is NeoFi

Backed is a pure NeoFi play: each token executes on-chain as an ERC-20, provides direct real-world financial exposure to traditional securities, and is structured as a Swiss-regulated security with institutional custody and 1:1 asset backing.

The three pillars of NeoFi:

  • On-Chain Execution: All operations and settlement occur transparently on blockchain, ensuring full auditability and programmability.
  • Real-World Financial Utility: Products deliver genuine value in established financial markets — lending, trading, payments, custody, or asset management.
  • Institutional-Grade Design: Infrastructure meets the standards of professional finance: robust risk management, compliance frameworks, scalability, and operational resilience.