Backed Finance has launched its tokenized version of Coinbase stock, called $bCOIN, on the Base network. The token represents a 1:1 backed claim to the value of Coinbase stock and is designed for easy transferability and trading without intermediaries. It is available for seamless trading on CoW Swap and supported by a dedicated pool on Aerodrome. The launch of $bCOIN signifies a move towards bringing traditional financial assets into the decentralized era and offers 24/7 access to tokenized equities on the blockchain. Backed Finance aims to make on-chain tokenized equities more usable and provide a better experience than traditional financial routes. The token is now available for trading on Aerodrome and can be freely transferable between wallets and pools. Backed is a leader in tokenized securities and its launch of $bCOIN represents a key moment for the financial industry, providing global access to equity markets without centralized financial institutions.



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