Please read the following information carefully which covers eligibility, the onboarding process and its requirements.
Our product has selective access based on the type of customer:
Professional / Qualified Investors: can open a Backed account for issuance and redemption of backed tokens.
Everyone else: eligible Backed token owners can open an account for redemption only.
For more information about investor classification read our docs.
We do not service entities or individuals in prohibited or higher-risk jurisdictions such as:
Iran, North Korea, Syria, United States of America, Afghanistan, Belarus, Central African Republic, Congo (Democratic Republic of the), Cuba, Ethiopia, Haiti, Iraq, Lebanon, Libya, Mali, Mozambique, Myanmar, Nicaragua, Nigeria, Occupied regions of Ukraine, Philippines, Russia, Somalia, South Sudan, Sudan, Venezuela, Yemen, and Zimbabwe. An up-to-date list of high-risk jurisdictions is available here.
Moreover, Backed DOES NOT sell its tokens to U.S. Persons or for the account or benefit of U.S. Persons, and tokens are not marketed, offered, or solicited in the U.S.
To open a Backed account users need to go through a standard KYC process that includes:
Providing personal and financial information
Uploading identification documents
Passing a live video identification call
A Commercial Register extract or equivalent
Passport or national ID of the person opening the account
If the person opening the account does not appear as representative of the company in the company documents submitted, a board resolution authorizing the person opening the account to act in the name of the company is needed. A representative could also be, though need not be, shareholder/UBO
For an operating company: list all controlling persons
For a domiciliary company (non-operating): list all beneficial owners
Passport or national ID copies of all controlling persons and beneficial owners listed
If a subsidiary of another company, company documents of the parent
Passport or National ID
To get verified via our facial match and selfie video flow, make sure you have:
Passport or National ID
Working webcam and microphone (on computer or smartphone)
Computer with Windows or macOS, Chrome or Firefox web browser, or smartphone (Android or iOS)
For a passport: a color photo in PDF, JPEG or PNG.
For a National ID: If the document has two sides, photos of both sides are needed in two separate files.
Carefully read the requirements for the photos here.
Please read and accept the following legal information before proceeding:
The information contained on the following web pages is not intended to solicit any financial product directly from us. Backed tokenized financial assets are not offered directly to the public and will only be offered through licensed entities. You will only be able to purchase from us Backed tokenized financial assets if you qualify as a “Qualified Investor” as detailed in the Terms and Services. In case you want to redeem tokenized financial assets issued by us, please use the following link. If you are interested in purchasing Backed tokenized financial issued by us, you will find all information, including the legal documents that govern the issuance on the following webpage.
The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended or with any securities regulatory authority of any State or other jurisdiction of the United States and (i) may not be offered, sold or delivered within the United States to, or for the account or benefit of U.S. Persons, and (ii) may be offered, sold or otherwise delivered at any time only to transferees that are Non-United States Persons (as defined by the U.S. Commodities Futures Trading Commission). The following information on this webpage may not be distributed outside of jurisdictions where prospectus will be approved and/or passported, in particular not in the United States or any other restricted jurisdiction. Important Notice: NOT available for UK Clients. The products are not promoted or offered to clients based in the UK. Certain products will only be available to UK professional clients subject to prior validation of their status and approval by Backed Assets. The offering or sale of the securities in certain jurisdictions may be restricted by law including because of the underlying(s). For a description of certain restrictions on offers and sales of the securities and on the distribution of this refer to the product documentation. The information does not constitute, and may not be used in connection with, an offer or solicitation in any place where offers or solicitations are not permitted by law. If the laws or regulation of a jurisdiction require that an offering of securities described herein be made by a licensed bank, securities firm or insurance company or any of its affiliates, the offering shall be deemed to be made by such other party or such affiliate on behalf of the Issuer or holders of the applicable securities in such jurisdiction. Some of the information published on this website contains forward-looking statements. Users are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements as a result of various factors. Backed Assets (JE) Limited undertakes no obligation to publicly update or revise any information or opinions published on the website. Backed Assets (JE) Limited reserves the right to amend the information at any time without prior notice. Past performance is not an indication or guarantee of future performance of a Backed product or underlying asset. The value of any investment may be subject to high fluctuations and, in some circumstances, investors may not recover the original amount invested. The information contained on this website may not be considered as being a substitute for economic, legal, tax or other advice and users are cautioned to base investment decisions or other decisions solely on the content of this website. An investment decision with respect to Backed tokenized financial assets must only be made on the basis of the official documents published in accordance with applicable securities laws. Users should consult their investment advisers or other advisers prior to making any decisions.
"Professional Client" as defined in article 4(3) and 5(1) of the Swiss Financial Services Act (FinSA), AND (i) a Qualified Investor according to article 2(e) of the Regulation (EU) 2017/1129 (EU-Prospectus Regulation) if located in a member country of the European Union (EU) or the European Economic Area (EEA), OR (ii) if located in any other jurisdiction, an equivalent status to the above mentioned Swiss Professional Client or EU/EEA Qualified Investor status, such as qualified / professional / accredited / classified / sophisticated investor, according to the applicable laws in the jurisdiction.
If you do not meet these requirements, please refrain from using this website.
