Backed Finance Launches Tokenized Coinbase Stock ($bCOIN) on Base Network for 24/7 DeFi Trading

Backed Finance has taken a significant leap in decentralized finance by introducing its tokenized Coinbase stock ($bCOIN) on the Base network. This innovation allows users to trade tokenized equities seamlessly on decentralized exchanges, breaking free from traditional market hours and intermediaries. By integrating with decentralized trading platforms and liquidity pools, $bCOIN bridges the gap between conventional finance and blockchain technology, offering 24/7 access to equity markets in a decentralized environment.

The $bCOIN token mirrors Coinbase stock on a 1:1 basis, ensuring legal compliance and full collateralization under an EU-approved prospectus. Designed for frictionless transferability, it empowers users to trade, transfer, or hold shares of Coinbase directly through blockchain wallets. Adam Levi, Co-Founder of Backed Finance, emphasized the project’s vision: “We’re proving that the future of finance is happening nowâ€"open, accessible, and interoperable. Tokenized equities combined with DeFi’s flexibility create endless possibilities, from collateralized loans to programmable investments.”

Key features of $bCOIN include round-the-clock trading via decentralized exchange pools, compatibility with DeFi applications for future use cases like collateralized borrowing, and permissionless transfers across wallets. Each token acts as a legal claim to the underlying asset, merging regulatory compliance with blockchain efficiency.

This launch marks a transformative moment for global finance, democratizing access to equity markets while leveraging the Base network’s scalability and security. By tokenizing real-world assets, Backed is paving the way for a hybrid financial ecosystem where traditional equities coexist with decentralized protocols. The result? A more liquid, accessible, and user-centric market that challenges legacy systems.

As $bCOIN goes live, it signals a shift toward a future where stock ownership transcends geographic and institutional barriers. Backed’s infrastructure, tested over three years, showcases the maturity of tokenization technology, positioning it as a viable alternative to traditional finance. With plans to expand utilityâ€"such as enabling $bCOIN as collateralâ€"the project underscores the growing synergy between regulated assets and DeFi innovation.

About Backed:
A pioneer in tokenized securities, Backed issues compliant, blockchain-based tokens tied to real-world assets like stocks and ETFs. Fully collateralized and aligned with MiFID II regulations, its solutions offer a secure gateway to on-chain finance, blending tradition with decentralized possibilities. ??