“Banks and credit unions are looking for ways to stay competitive with fintechs and big-name brokers who are pulling deposits and loyalty away from traditional institutions. By offering digital investing, financial institutions can build loyalty, keep assets in-house, and provide their clients with services they have come to expect.”

“Backed has always put compliance and regulatory stringency at the very top of our priority list to make sure that while tokenized assets are DeFi compatible, they can also be sold by regulated and licensed venues."