
Assetera, a MiFID-licensed European trading platform powered by Polygon, has expanded its offerings by listing tokenized assets from Backed Finance, enabling non-U.S. investors to gain exposure to U.S. companies through blockchain technology.
The first assets available on the platform include tokenized trackers linked to leading Nasdaq-listed companies: Coinbase (COIN), a top global cryptocurrency exchange; Nvidia (NVDA), a key player in the semiconductor and AI markets; and the well-known S&P 500 index (SPX). Additionally, Assetera plans to introduce tokenized Treasury bills, short-term U.S. government securities, money market funds, bonds, stablecoins, and private-credit tokens to cater to liquidity-focused investors in the future.
When trading these tokenized trackers, users on Assetera will receive Backed’s bTokens, which represent shares in the underlying assets. These bTokens are fully collateralized and issued under a regulated European Union prospectus, ensuring secure and transparent 24/7 trading. The tokens can be stored in any wallet, offering flexibility and the ability to be transferred across different blockchain networks with Chainlink’s Cross-Chain Interoperability Protocol.
Thomas Labenbacher, CEO of Assetera, stated that the collaboration is part of the platform’s commitment to driving innovation in financial markets, while Adam Levi, co-founder of Backed Finance, emphasized that it allows traditional financial assets to be accessed in a regulated, on-chain environment.
Asset tokenization leverages blockchain technology to convert the value of traditional assets into digital tokens, providing instant access, 24/7 availability, and seamless global collateral mobility. According to a 2022 Boston Consulting Group (BCG) projection, the tokenized asset market could reach $16 trillion by 2030, a substantial growth from its current valuation of under $100 billion.
To address challenges related to security and regulatory uncertainty, Assetera utilizes advanced AI-powered monitoring systems to detect suspicious activity in real-time, ensuring the integrity of the platform. The partnership with Backed Finance, known for its expertise in democratizing finance through tokenization, enhances the platform’s ability to offer secure, transparent, and accessible financial services.