Backed, an asset tokenization platform, has partnered with eNor Securities, an investment exchange specializing in tokenized assets across Latin America, according to the latest information disclosed to Finbold on August 13.
Backed’s tokenized securities, known as real-world assets (RWAs), will now be available to Latin American retail investors through a licensed exchange.
New opportunities for Latin American investors
This partnership opens up new opportunities for Latin American investors looking for secure and transparent security token offerings.
Combining Backed’s expertise in tokenization with eNor Securities’ trading platform, the collaboration brings a smoother investment experience to a previously neglected market.
Bernardo Quintao, Head of Business Development at Backed, commented on the partnership, stating:
“We are thrilled to partner with eNor Securities, a pioneer in the Latin American security token market. This collaboration signifies a major step forward in making tokenized securities accessible to a wider audience.”
Backed’s tokenized RWAs, called bTokens, represent on-chain ownership of financial products, each backed 1:1 by the underlying asset, ensuring bToken holders have a primary claim to the asset’s value.
Additionally, Backed’s products adhere to EU Prospectus regulations, ensuring enhanced transparency.
Backed’s tokenized products
Among the tokenized products are shares of Coinbase (bCOIN), the S&P 500 exchange-traded fund (ETF) bCSPX, and various corporate and government bond ETFs.
The wide range of offerings allows investors to diversify portfolios and gain exposure to alternative asset classes.
eNor Securities, based in El Salvador, is one of the first investment exchanges fully licensed to offer tokenized securities.
The company caters to both institutional and retail investors familiar with traditional assets, combining cryptocurrencies and tokenized securities in one comprehensive marketplace.
Bruno Winik, Chief Operating Officer at eNor Securities, remarked:
“By listing Backed’s bTokens on eNor Securities, we can provide global investors assets that were previously inaccessible, democratizing the access for a more globalized and free market.”
The partnership between Backed and eNor Securities sets the stage for democratized investments in the LATAM region, as both parties are committed to providing investors with greater choice and flexibility.
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