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)

Profile sources[1][2]

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.

DeploymentRoleStatusEvidence Last reviewed
xStocks tokenised equities (Backed, Kraken)Platform provider, Issuer, Technology providerLive (scaled)C Ledger Insights, 2 Dec 2025[3]Reviewed 26d ago

Sources

  1. [1]Backed Finance - Tokenized Assets — Backed Finance. Accessed 11 Oct 2026.B
  2. [2]Kraken to Acquire Backed Finance in Tokenized Assets Push — stock3, 5 Dec 2025. Accessed 11 Oct 2026.C
  3. [3]Kraken acquires Backed after xStocks tokenized securities volumes hit $10 billion — Ledger Insights, 2 Dec 2025. Accessed 11 Oct 2026.C

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