Backed TeslabTSLA
Backed Tesla (bTSLA) is a token tracking TSLA 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 consumer discretionary 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. Retail investors, professional investors, accredited investors, and qualified investors worldwide can mint and redeem directly with Backed Finance after completing KYC. 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 SEC Regulation S exemption, is offered under an EU-approved prospectus, is issued under Jersey Financial Services Commission consent, and is supervised by the Financial Market Authority Liechtenstein and the Jersey Financial Services Commission. Holder terms are governed by the law of Jersey. bTSLA has been issued on public blockchains since July 2024 and is native to 7 networks, including Ethereum, Gnosis, Polygon, Arbitrum One, Avalanche, and Base.