According to the source, Backed Finance chose Switzerland to balance regulatory compliance with the open accessibility of decentralized finance, as stated by co-founder Adam Levi; source: Adam Levi, Backed Finance. Switzerland’s DLT Act and FINMA oversight recognize ledger-based (tokenized) securities and authorize DLT trading facilities, providing a framework for issuing and trading tokenized equities that shapes liquidity and access; source: Swiss Federal Council; FINMA. Traders considering tokenized stock exposure should note that Swiss-regulated offerings operate under defined investor eligibility, disclosure, and KYC/AML standards, which directly affect secondary-market liquidity and venue access; source: FINMA.

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.