The post Backed Finance Tokenizes Government Bond on the Base Layer-2 Network! appeared first on Coinpedia Fintech News
The tokenization protocol converted BlackRock’s iShares bond ETF UCITS into a token with the ticker blBO1. Backed Finance plans to expand its offering by tokenizing other real-world assets. Base is a Coinbase-incubated layer-2 network built using Optimism’s OP stack. This comes at a time when the tokenization movement and asset class have taken center stage, …