Backed tokenization protocol has launched a fresh range of tokenized shares, backed one-for-one by shares of some of the world’s largest companies.

Based bridges the gap between time-honored finance (TradFi) and decentralized finance (DeFi) through its tokenization services.

The blockchain protocol operates under the Swiss Distributed Ledger Technology (DLT) Act, which allows for the issuance of collateralized tokens (bTokens) that represent the value of various assets, including treasury ETFs, corporate bond ETFs, and stocks.

The fresh offerings include bMSFT (Microsoft (NASDAQ:)), bGME (GameStop (NYSE:)), bMSTR (MicroStrategy Incorporated (NASDAQ:)), bTSLA (Tesla (NASDAQ:)), and bGOOGL (Alphabet (NASDAQ:)). This allows eligible non-U.S. investors to gain exposure to the companies while keeping their assets on-chain and under their own custody.

“Backed is leading the shift toward the future of finance, where blockchain technology is combined with the stability and familiarity of traditional financial assets,” Adam Levi, co-founder of Backed, told Investing.com.

“Our tokenized shares, now expanded to include industry giants like Microsoft, Google, and NVIDIA (NASDAQ:), represent a monumental step toward a future where capital markets are fully tokenized, enabling greater market access, all on-chain. This is especially relevant for emerging economies in LATAM, Africa, and Southeast Asia, where demand for U.S. shares is growing rapidly but access to them often remains limited.”

As more assets move on-chain, asset managers will likely develop strategies to access fresh sources of liquidity and arbitrage between on-chain and off-chain markets. They can apply basic portfolio construction principles and manage investment strategies to digital assets.

These fresh tokenized shares join existing Backed products such as Backed CSPX Core S&P 500 (bCSPX), Backed Coinbase Global Database (bCOIN) (NASDAQ:) and backed by NVIDIA (bNVDA). These products allow accredited investors to benefit from stocks with the convenience of 24/7 trading on blockchain infrastructure.

Each tokenized share is fully backed by its corresponding share to provide investors with the certainty of on-chain trading. This also facilitates access to a wide range of assets, eliminating the need for off-ramp funds. Tokenized Backed shares are also designed to attract cryptocurrency organizations looking for diversification while keeping their assets on-chain.

“Tokenization breaks down these barriers by offering a more inclusive, efficient, and transparent way to invest globally,” Levi told us.

In addition to stocks, Backed offers tokenized corporate and government bonds, including treasury bills. The introduction of five fresh tokenized stocks allows users to create a diversified portfolio on-chain. Blockchain ledgers will support legal ownership, enabling composability, interoperability, and self-service.

Tokenized Backed shares are also intended for employ in decentralized finance, where they can serve as collateral for loans and money markets, including stablecoins. The introduction of bMSFT, bGME, bMSTR, bTSLA, and bGOOGL increases the possibilities for developers to create fresh products anchored in these digital assets.