Question 1

What is Backed Tesla (bTSLA)?

Accepted Answer

Backed Tesla (bTSLA) is a tokenised tracker certificate issued as an ERC-20 token that reflects the price of Tesla Inc.'s ordinary shares. The token is fully backed 1:1 by the underlying equity and is intended to offer blockchain-based access to Tesla stock for eligible market participants under a regulatory-compliant framework.

Backed classifies its tokenised assets as either **bTokens** or **xStocks**. bTokens provide onchain exposure to equities and fixed income assets, while xStocks deliver access to individual stocks. bTSLA falls under the xStocks category.

Question 2

What is Backed Tesla (bTSLA) used for?

Accepted Answer

bTSLA allows eligible cryptocurrency market participants to gain onchain exposure to the price performance of Tesla Inc. shares, integrating traditional equity markets with blockchain infrastructure. It enables regulated access to stock investment through an Ethereum-compatible token.

Question 3

Who created Backed Tesla (bTSLA)?

Accepted Answer

bTSLA is issued by Backed Assets (JE) Limited, part of Backed Finance AG. The product is supported by licensed financial service providers including Alpaca Securities LLC, InCore Bank AG, Maerki Baumann & Co. AG and Security Agent Services AG, who are responsible for execution, custody and security roles within the structure.

Question 4

Token Details

Accepted Answer

- **Issuer:** Backed Assets (JE) Limited  
- **ISIN:** CH1173294203  
- **Network / Chain:** Ethereum & EVM-Compatible (ERC-20)

Question 5

Underlying Asset Information

Accepted Answer

- **Issuer:** Tesla, Inc.  
- **ISIN:** US88160R1014  
- **Symbol:** TSLA  
- **Name:** Ordinary shares (Common Stock) of Tesla Inc.

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


bTSLA	ERC20	ETH	0x14A5f2872396802C3Cc8942A39Ab3E4118EE5038	2024-06-03
bTSLA	ERC20	XDAI	0x14A5f2872396802C3Cc8942A39Ab3E4118EE5038	2024-09-12
bTSLA	ERC20	POL	0x14A5f2872396802C3Cc8942A39Ab3E4118EE5038	2024-09-16
bTSLA	ERC20	ARB	0x14A5f2872396802C3Cc8942A39Ab3E4118EE5038	2024-10-31
bTSLA	ERC20	AVAX	0x14A5f2872396802C3Cc8942A39Ab3E4118EE5038	2024-10-09
bTSLA	ERC20	BASE	0x14A5f2872396802C3Cc8942A39Ab3E4118EE5038	2025-02-13