🚀 Backed Finance Launches Tokenized Stocks on Bybit, Kraken & Solana DeFi – TradFi Meets Crypto

Wall Street's paper certificates just got a blockchain facelift. Backed Finance is bridging the gap between traditional equities and decentralized finance with its tokenized stock offerings now live on major platforms.

Where to Trade Tokenized Stocks

Bybit and Kraken join Solana's DeFi ecosystem in hosting these synthetic assets—giving crypto natives exposure to blue-chip stocks without the hassle of brokerage accounts or PDT rules. Finally, your memecoin gains can buy fractional shares of Tesla.

The Fine Print

These aren't your grandma's dividend-paying securities. Backed's tokens track prices but skip shareholder rights—because who needs voting privileges when you've got 100x leverage? The move signals growing demand for hybrid products, even if purists argue it's just CEXs dressing up old products in new jargon.

As one trader put it: 'Now I can lose money on Apple stock *and* gas fees simultaneously.' Progress.