Backed completed its M&A Fundraising on 2025-12-01.

According to media reports, Backed completed its M&A Fundraising on 2025-12-01. the investors in this funding round include Kraken and others. Following this round, Backed's total funding reached $9 M.

Backed provides the infrastructure for capital markets to bridge real-world assets onto the blockchain. They issue ERC-20 tokens that track the value of real-world assets, such as stocks or ETFs. These tokens are freely transferable across wallets, fully collateralized by the underlying asset, and issued in compliance with the Swiss DLT act.