Question 1

What is Backed Niu Technologies (bNIU)?

Accepted Answer

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.

Question 2

What is Backed Niu Technologies (bNIU) used for?

Accepted Answer

bNIU enables eligible cryptocurrency market participants to gain onchain, regulatory-compliant exposure to the price performance of Niu Technologies ADR. It combines the structure of traditional securities with blockchain technology benefits such as transparency, portability and smart contract integration.

Question 3

Who created Backed Niu Technologies (bNIU)?

Accepted Answer

bNIU is issued by Backed Assets (JE) Limited, a subsidiary of Backed Finance AG. The product is delivered with support from a network of 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:** CH1173294252  
- **Network / Chain:** Ethereum & EVM-Compatible (ERC-20)

Question 5

Underlying Asset Information

Accepted Answer

- **Issuer:** Citibank  
- **ISIN:** US65481N1000  
- **Symbol:** NIU  
- **Name:** Niu Technologies ADR

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


bNIU	ERC20	ETH	0x2f11eeee0bf21e7661a22dbbbb9068f4ad191b86	2023-02-19
bNIU	ERC20	XDAI	0x2f11eeee0bf21e7661a22dbbbb9068f4ad191b86	2023-02-19