A pioneer in asset tokenization, Backed today announced a ground-breaking collaboration with Latin America’s eNor Securities, a regulated investment exchange and marketplace for tokenized assets. With this partnership, a significant milestone will be reached as retail investors in the rapidly expanding LATAM market will have access to Backed’s tokenized securities, also known as Real World Assets (RWAs), via a regulated investment exchange.
For Latin American investors looking to acquire assets via safe and transparent security token offerings, this cooperation opens up new possibilities. For an underserved market, Backed’s tokenization expertise together with the trading platform of eNor Securities means a simplified and effective investing experience.
The ownership of financial products on the chain that are 1:1 backed by the underlying asset is represented by Backed’s tokenized RWAs, or bTokens. The primary claim to the value of the underlying asset is therefore held by the holder of a bToken. Products from Backed are issued in accordance with EU prospectus regulations, giving investors more transparency.
Tokenized Coinbase stock (bCOIN), the SP500 ETF (bCSPX), and a number of corporate and government bond ETFs are among the products that are being listed. Investors may create well-rounded portfolios with exposure to a variety of asset types thanks to this diversification.
Bernardo Quintao, Head of Business Development at Backed stated:
“We are thrilled to partner with eNor Securities, a pioneer in the Latin American security token market. This collaboration signifies a major step forward in making tokenized securities accessible to a wider audience.”
One of the first investment exchanges with a complete license to sell tokenized securities is eNor Securities. The El Salvador-based organization is growing its asset base to include institutional and individual investors used to conventional assets. With a worldwide presence, eNor Securities Platform provides tokenized securities and cryptocurrencies 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.”
The future of democratized investment in the LATAM region is made possible by this alliance. In order to provide investors more options and freedom, Backed and eNor Securities are dedicated to foster a thriving ecosystem for tokenized securities.
