Question 1

What is Backed Alphabet Class A (bGOOGL)?

Accepted Answer

Backed Alphabet Class A (bGOOGL) is a tokenised tracker certificate issued on Ethereum & EVM-Compatible (ERC-20) networks. It is designed to track the price of Alphabet Inc. Class A Common Stock (GOOGL), enabling eligible cryptocurrency market participants to access equity price exposure through blockchain infrastructure. The token reflects the performance of the underlying share without conferring ownership or shareholder rights.

Backed issues two types of tokenised financial products: **xStocks** and **bTokens**. While both are backed 1:1 by the underlying security, bTokens may include exposure to fixed income assets in addition to equities, whereas xStocks are focused solely on equity exposure.

Question 2

What is Backed Alphabet Class A (bGOOGL) used for?

Accepted Answer

bGOOGL is used to provide tokenised exposure to the equity performance of Alphabet Inc. Class A shares. It allows investors in digital asset markets to participate in the price movements of the underlying security while remaining within blockchain-based systems. The token may be used for portfolio diversification, access to traditional equity markets through digital wallets, or integration into decentralised financial applications, subject to eligibility and jurisdictional compliance.

Question 3

Who created Backed Alphabet Class A (bGOOGL)?

Accepted Answer

Backed Alphabet Class A (bGOOGL) is issued by Backed Assets (JE) Limited. The product is tokenised by Backed Finance AG. Brokers and custodians involved in the process include Alpaca Securities LLC, InCore Bank AG, and Maerki Baumann & Co. AG. Security Agent Services AG acts as the security agent.

Question 4

Token Details

Accepted Answer

- **Issuer:** Backed Assets (JE) Limited  
- **ISIN:** CH1173294351  
- **Network / Chain:** Ethereum & EVM-Compatible (ERC-20)

Question 5

Underlying Asset Information

Accepted Answer

- **Issuer:** Alphabet Inc.  
- **ISIN:** US02079K3059  
- **Symbol:** GOOGL  
- **Name:** Alphabet Inc. Reg. Shares Class A (Common Stock)

Question 6

Service Providers

Accepted Answer

- **Tokenizer:** Backed Finance AG  
- **Broker:** Alpaca Securities LLC, InCore Bank AG, Maerki Baumann & Co. AG  
- **Custodian:** Alpaca Securities LLC, InCore Bank AG, Maerki Baumann & Co. AG  
- **Security Agent:** Security Agent Services AG


bGOOGL	ERC20	ETH	0xEbee37Aaf2905b7BdA7E3b928043862e982E8F32	2024-06-03
bGOOGL	ERC20	XDAI	0xEbee37Aaf2905b7BdA7E3b928043862e982E8F32	2024-09-18
bGOOGL	ERC20	POL	0xEbee37Aaf2905b7BdA7E3b928043862e982E8F32	2024-09-16
bGOOGL	ERC20	ARB	0xEbee37Aaf2905b7BdA7E3b928043862e982E8F32	2024-10-31
bGOOGL	ERC20	AVAX	0xEbee37Aaf2905b7BdA7E3b928043862e982E8F32	2024-10-09