Tokenized Asset Issuer Backed Raises $9.5M as Crypto’s RWA Race Heats Up

Backed, a Swiss-based tokenized asset issuer, has successfully raised $9.5 million to enhance its private tokenization services and expand blockchain access for asset managers. The funding round, led by Gnosis and supported by several other firms, aligns with increasing interest in real-world asset tokenization, which is expected to transform global financial markets with improved efficiency and broader investor accessibility.

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