INX and Backed tokenized shares will start with NVIDIA stock tokenized on INX

INX and Backed Launch bNVDA, tokenized NVIDIA stock on the Ethereum network. Investors can trade bNVDA 24/7 with blockchain security and self-protection options. Future plans include expanding tokenized assets into ETFs, bonds and commodities.

INX, a regulated marketplace for digital securities, has partnered with Backed, a leader in real-world asset tokenization, to announce the registration of tokenized shares for qualified non-US users on the INX platform.

This innovation promises to enhance access, liquidity and security for international investors, particularly those outside the US.

bNVDA, a one-to-one token-backed security backed by NVadia Corp (NVDA) stock, will be the first token stock to be listed on the Ethereum network.

Revolutionizing access to traditional financial assets.

The introduction of bNVDA on the INX platform is an important step towards the democratization of traditional financial markets.

Qualified non-US investors can trade cryptocurrencies with ease and speed bNVDA, bypassing the limitations of traditional stock market hours.

This 24/7 trading capability allows investors to respond to market changes in real time, providing a level of flexibility previously unattainable with traditional financial systems.

Self-custody is another revolutionary feature, allowing investors to hold their securities directly in a private wallet and thus have full control over their assets. This eliminates the need for intermediaries and strengthens investment security.

Furthermore, the use of blockchain technology ensures transparent and secure transactions, with ownership clearly recorded on the distributed ledger.

Bridging the gap between TradFi and DeFi

The partnership between INX and Backed is not just about convenience; It is to create a seamless bridge between traditional finance (TradFi) and decentralized finance (DeFi).

Simulating real-world assets such as NVIDIA stock, INX and Backed allows crypto traders to build diversified portfolios that include traditional financial assets. This eliminates the need for withdrawals and allows users to manage their entire portfolio on the blockchain.

Backed's tokenized Public Securities or bTokens are ERC-20 tokens that can be freely transferred between wallets, making them highly versatile.

These tokens, including bNVDA, are issued under an EU prospectus, ensuring full transparency for investors. Collateral The underlying claim (in this case, NVIDIA stock) is held in an account control agreement with a licensed custodian, which provides greater security and trust.

The INX platform integrates crypto, fiat and security tokens into one unified marketplace, providing a comprehensive trading experience.

The ability to fund accounts in cryptocurrency and invest in tokenized shares streamlines the investment process, making it accessible and efficient for investors worldwide. In addition to increasing liquidity, this approach opens up new opportunities for using tokenized shares as collateral in DeFi applications.

INX and Backed Forward plan to expand their token offering to include other assets such as ETFs, bonds and commodities. This expansion further enhances the versatility and appeal of the INX platform, enabling it to simulate real-world assets.

Backed's recent Series A funding round and Republic's reaffirmation of its commitment to partner with INX are testament to the growing momentum in the securities market.