Question 1

What is Backed GameStop (bGME)?

Accepted Answer

Backed GameStop (bGME) is a tokenised tracker certificate issued as an ERC-20 token. It tracks the price of GameStop Corp Class A Common Stock (the underlying). The token is fully backed by the underlying security and is part of Backed Finance’s range of tokenised equities.

Backed issues two categories of tokenised instruments: **bTokens** and **xStocks**. Both provide onchain exposure and are backed 1:1 by the underlying security. bTokens cover both equities and fixed-income instruments, while xStocks focus exclusively on equities.

Question 2

What is Backed GameStop (bGME) used for?

Accepted Answer

bGME is designed to give eligible cryptocurrency market participants regulatory-compliant access to the stock price of GameStop Corp, while retaining the operational advantages of blockchain infrastructure. It enables token holders to gain onchain exposure to GameStop shares through a fully collateralised and tradable digital certificate.

Question 3

Who created Backed GameStop (bGME)?

Accepted Answer

bGME is issued by Backed Assets (JE) Limited and developed by Backed Finance AG. The token’s issuance and administration are supported by regulated service providers including Alpaca Securities LLC, InCore Bank AG, Maerki Baumann & Co. AG, and Security Agent Services AG.

Question 4

Token Details

Accepted Answer

- **Issuer:** Backed Assets (JE) Limited  
- **ISIN:** CH1173294369  
- **Network / Chain:** Ethereum & EVM-Compatible (ERC-20)

Question 5

Underlying Asset Information

Accepted Answer

- **Issuer:** GameStop Corp  
- **ISIN:** US36467W1099  
- **Symbol:** GME  
- **Name:** GameStop Corp. 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


AVAX	ERC20	AVAX	0x7212088A11b4d8f6FC90fbB3dfE793B45dd72323	2024-10-09
bGME	ERC20	ETH	0x7212088A11b4d8f6FC90fbB3dfE793B45dd72323	2024-06-03
bGME	ERC20	XDAI	0x7212088A11b4d8f6FC90fbB3dfE793B45dd72323	2024-09-18
bGME	ERC20	POL	0x7212088A11b4d8f6FC90fbB3dfE793B45dd72323	2024-09-16
bGME	ERC20	BASE	0x7212088A11b4d8f6FC90fbB3dfE793B45dd72323	2024-10-31