What is the project about?
Backed brings real-world assets (RWAs) such as stocks or ETFs to blockchain rails. For example, our product bCSPX is a tokenised tracker certificate reflecting the net total return of the iShares Core S&P 500 UCITS ETF USD, less fees.
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. There is no need to go through TradFi onboarding processes or off-ramp crypto to fiat.
bTokens are utilized by the likes of Gnosis, Angle Protocol, Ribbon Finance, Aragon, and Blueberry to name a few.
Disclaimer:
Backed Finance AG and its subsidiary Backed Assets GmbH are not affiliates of or licensed by BlackRock Inc, BlackRock Fund Advisors and any of its affiliates ("BlackRock"). BlackRock is not responsible in any way to bIB01 products.
Backed DOES NOT sell its tokens to U.S. Persons or for the account or benefit of U.S. Persons, and tokens are not marketed, offered, or solicited in the U.S. or in any other prohibited jurisdiction.
For a full list of prohibited and restricted countries and review of legal documentation, please visit https://www.backedassets.fi/legal-documentation (edited)
Backed CSPX Core S&P 500 (BCSPX) is currently trading at $0.4288, up 0% over the last 24 hours, with a 24-hour trading volume of $0.00.
The highest USD price recorded for Backed CSPX Core S&P 500 (BCSPX) is $1,747.77, reached on Dec 14, 2025.
The BCSPX price shown on this page is the most recent USD price OpenSea has recorded for Backed CSPX Core S&P 500, updated as new market data is processed. Fully diluted valuation (FDV) is that price multiplied by the total supply of 2.84K BCSPX, so it reflects every token that exists rather than only the tokens in circulation.
Backed CSPX Core S&P 500 (BCSPX) has a market capitalization of $1,215.77. The fully diluted valuation (FDV) is $1,215.77, based on the total supply of tokens.
The 24-hour trading volume of Backed CSPX Core S&P 500 (BCSPX) is $0.00, reflecting active market participation and liquidity.
The total supply of Backed CSPX Core S&P 500 is 2.84K BCSPX on the Avalanche network.
Backed CSPX Core S&P 500 (BCSPX) is available on the Avalanche blockchain. You can trade BCSPX on OpenSea by connecting a wallet that supports the Avalanche network.
Backed CSPX Core S&P 500 (BCSPX) is currently held by 130 wallet addresses, indicating the breadth of community participation and distribution.
You can buy Backed CSPX Core S&P 500 (BCSPX) directly on OpenSea. Simply connect your crypto wallet, search for BCSPX, and swap any supported token to acquire BCSPX instantly. OpenSea supports trading across multiple blockchains with no account registration required.
1. Connect your crypto wallet to OpenSea. 2. Search for Backed CSPX Core S&P 500 (BCSPX) or visit opensea.io/token/bcspx. 3. Select your preferred swap token and confirm the transaction.
