List of Flash News about Backed Finance
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2025-06-30 22:23 |
Gemini and Backed Finance Launch Tokenized Stocks in EU, Boosting Real-World Asset (RWA) Trend on Solana (SOL) and Major Exchanges
According to @StockMKTNewz, Gemini has initiated the offering of tokenized stocks to its European Union customers, starting with shares of the major corporate bitcoin (BTC) holder, MicroStrategy (MSTR). This launch is in partnership with Dinari, which recently secured a FINRA broker-dealer registration. In a parallel development fueling the Real-World Asset (RWA) tokenization trend, Backed Finance is launching approximately 60 tokenized equity and ETF products on exchanges like Bybit and Kraken, as well as on Solana (SOL)-based DeFi protocols such as Kamino Swap and Raydium. This expansion allows for 24/7 trading of traditional stocks on-chain and their use as collateral in DeFi lending, signaling a significant integration of traditional financial assets into the cryptocurrency ecosystem. |