Organisations · Fintech or technology firm · Switzerland · backed.fi
Backed Finance
Swiss tokenisation firm behind xStocks; issues through a Jersey vehicle under a Liechtenstein-approved prospectus. Acquisition by Kraken announced December 2025.
Also known as Backed, Backed Assets (JE) Limited
Headquarters: Switzerland · used for “firms based in” filters (how location works)
Deployments
Each row is a sourced claim on that deployment's record. The evidence column shows the source and its grade; the numbers link to the full list below.
| Deployment | Role | Status | Evidence | Last reviewed |
|---|---|---|---|---|
| xStocks tokenised equities (Backed, Kraken) | Platform provider, Issuer, Technology provider | Live (scaled) | C Ledger Insights, 2 Dec 2025[3] | Reviewed 26d ago |
Sources
- [1]Backed Finance - Tokenized Assets — Backed Finance. Accessed 11 Oct 2026.B
- [2]Kraken to Acquire Backed Finance in Tokenized Assets Push — stock3, 5 Dec 2025. Accessed 11 Oct 2026.C
- [3]Kraken acquires Backed after xStocks tokenized securities volumes hit $10 billion — Ledger Insights, 2 Dec 2025. Accessed 11 Oct 2026.C
Spotted something out of date or missing? Suggest a correction, ideally with a source.