Convert Backed CSPX Core S&P 500 BCSPX to Syncvault SVTS

What is the project about? Backed brings real-world assets (RWAs) such as stocks or ETFs to blockchain rails. For example, our product bCSPX is a tokenised tracker certificate reflecting the net total return of the iShares Core S&P 500 UCITS ETF USD, less fees. What makes your project unique? Backed issues permissionless tokens (bTokens) that represent ownership of structured products. Backed tokens are 1:1 backed by the underlying assets, held by Swiss third-party custodians, and are bankruptcy remote book-entry securities. History of your project. Backed was incorporated in 2021 in Switzerland due to the regulatory clarity the Swiss DLT Act provided to the project. Backed released its first tokenized product on Ethereum in early Q1 2023. Backed now supports issuance and redemption on many different blockchains. What’s next for your project? Backed is working to create the standard for tokenization with a network of protocols benefitting from RWAs on-chain. What can your token be used for? Backed enables clients to access sustainable, low-risk yields while keeping their funds entirely on-chain. There is no need to go through TradFi onboarding processes or off-ramp crypto to fiat. bTokens are utilized by the likes of Gnosis, Angle Protocol, Ribbon Finance, Aragon, and Blueberry to name a few. Disclaimer: Backed Finance AG and its subsidiary Backed Assets GmbH are not affiliates of or licensed by BlackRock Inc, BlackRock Fund Advisors and any of its affiliates ("BlackRock"). BlackRock is not responsible in any way to bIB01 products. 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. or in any other prohibited jurisdiction. For a full list of prohibited and restricted countries and review of legal documentation, please visit (edited)

SyncVault, a trailblazing Social Token platform, that has generated $5.6M+ revenue, garnered 22BN views, and processes 140M+ daily micro-transactions. Active across YouTube, Instagram, TikTok, and YouTube Shorts, SyncVault enables influencers, artists, and brands to tokenize fan engagement. Token holders of $SVTS will gain exclusive content access, participate in streaming and promotions, vote on POA, and unlock passive/ active earning opportunities. The platform's token-gated channels foster direct creator-supporter interaction. SyncVault distinguishes itself by ensuring creators receive a higher revenue percentage compared to traditional platforms. Recognized as a Top 100 Global Media Start-Up, SyncVault is reshaping multi-platform social media promotion and monetization.