Backed Niu Technologies

Backed Niu Technologies (bNIU) is a tokenised tracker certificate issued as an ERC-20 token. It follows the price of Niu Technologies’ American Depositary Receipt (ADR) and is fully backed 1:1 by the underlying equity. The token is structured to provide blockchain-based access to the performance of Niu Technologies for eligible market participants.

Backed classifies its tokenised products into bTokens and xStocks. bTokens offer onchain exposure to global equities and high-quality fixed income assets, while xStocks provide onchain access to the shares of individual listed companies. bNIU is issued under the xStocks category.