Backed CoinbasebCOIN
Backed Coinbase (bCOIN) is a token tracking COIN shares, backed by dedicated collateral, issued by Backed Finance through Backed Assets (JE) Limited, and distributed through Backed Finance AG with Alpaca Securities LLC, InCore Bank AG, and Maerki Baumann & Co. AG as broker. The underlying security is listed in the financials sector in North America. The collateral assets are held by Alpaca Securities LLC, InCore Bank AG, Maerki Baumann & Co. AG, and GTN Europe Financial Services Limited. Residents of jurisdictions under applicable sanctions, the United States, Afghanistan and other jurisdictions the issuer restricts cannot mint or redeem with Backed Finance. Backed Assets (JE) Limited is incorporated in Jersey, is offered under an EU-approved prospectus, and is issued under Jersey Financial Services Commission consent. bCOIN has been issued on public blockchains since February 2023 and is native to 8 networks, including Gnosis, Ethereum, Polygon, Base, Avalanche, and Arbitrum One.