Backed Finance has “tokenized” a BlackRock ETF, thus paving the way for real world assets on the Layer-2 Base.

This is the beginning of a revolution of the financial system starting from the possibility of "tokenizing" any resource held in a bank account.

The goal of Adam Levi, co-founder of Backed, is to make Base a favorable channel with high potential, being supported by a company like Coinbase and by a high number of developers.

He therefore approaches Maker, which has already started integrating US Treasury securities to guarantee returns on its native DAI stablecoin.

A dynamic functional to the very nature of today's market, with a great demand for fixed income products.

Precisely for this reason, protocols and users would have shown a particular interest in short-term bonds.

And who knows, he might open the doors to other tokenized stocks such as Google, Tesla and Apple, to name just a few.