Backed Finance: Tokenized equities. Confidentiality status: Exploring.
Backed mints its tokenized stocks on Solana with confidential balances initialized but switched off, the same pattern as PYUSD. The capability is permanently baked into the token and unused, while compliance runs through transfer hooks and a permanent delegate instead.
Key facts
- Entry type
- Token issuer or protocol
- Category
- Tokenized equities
- Confidentiality status
- Exploring
Private by design.
See how confidential transactions work on the networks you already use.