BNIU
Backed NIU Technologies
- Price
- $3.17
- 24h
- +0.0%
- 7d
- +0.0%
- Market cap
- $507.5K
- 24h volume
- $0
polygon-pos
0x2f11eeee0bf21e7661a22dbbbb9068f4ad191b86
Backed NIU Technologies (BNIU) is a tokenized assets on Polygon. 160.1K are in circulation, with no maximum. It ranks 3854th by market capitalisation among the coins tracked here. The project publishes its website, whitepaper, source and explorer.
What is the project about? Backed brings real-world assets (RWAs) such as stocks or ETFs to blockchain rails. For example, our product bNIU is a tracker certificate issued that tracks the price of the Niu Technologies stock
What makes your project unique? Backed issues permissionless tokens (bTokens) that represent ownership of structured products. Backed tokens are 1:1 backed by the underlying assets, held by Swiss third-party custodians, and are bankruptcy remote book-entry securities.
History of your project. Backed was incorporated in 2021 in Switzerland due to the regulatory clarity the Swiss DLT Act provided to the project. Backed released its first tokenized product on Ethereum in early Q1 2023. Backed now supports issuance and redemption on many different blockchains.
What’s next for your project? Backed is working to create the standard for tokenization with a network of protocols benefitting from RWAs on-chain.
What can your token be used for? Backed enables clients to access sustainable, low-risk yields while keeping their funds entirely on-chain.
- Circulating
- 160.1K
- Total supply
- 160.1K
- Max supply
- No cap
Supply as of 2h ago