Backed Finance AG, a leading issuer of tokenized real-world assets and tokenization services, announced a successful Series A funding round, having secured $9.5 million.
Led by Gnosis, the funding round attracted both existing and new investors including Exor Seeds, Cyber Fund, Mindset Ventures, Stake Capital Ventures, Blockchain Founders Fund, Blue Bay Capital, and Nonce Classic.
Backed brings traditional finance to blockchain
The funding highlights Backed’s mission to bring traditional finance (TradFi) to the blockchain.
Adam Levi, Backed co-founder, expressed excitement about the investment round, stating:
“We are thrilled to have secured this significant investment round, with strong participation from both new and existing investors. This funding is a testament to the potential of tokenization, and will allow us to build new products suited to the needs of institutional clients.”
Tokenization has become a prominent narrative in the crypto space, with blockchai
We współpracy z: https://finbold.com/backed-finance-ag-secures-9-5-million-in-a-series-a-funding-round/
