$BACKED update 🔥
Backed team just announced its Prediction Market. Another revenue engine that continuously buys more tokenized stocks for the treasury, alongside the recently announced Perps DEX.
In just one week, the team has shipped:
• A unique Uniswap v4 Hook, now approved by Uniswap.
• Governance, allowing holders to vote on which tokenized stocks the treasury acquires.
• A Perps DEX that redirects protocol revenue into treasury buybacks.
• A Prediction Market, adding yet another source of treasury revenue.
They’re shipping at an insane pace while sitting at just a $140K market cap. The treasury already holds ~$55K in tokenized stocks, meaning roughly 40% of the current market cap is backed by real assets.
I've been quietly accumulating; this is the boring part, and it's where we need to position ourselves. When everyone gets caught up in FOMO, we'll sell for a profit.
0x7168563B0E70124f0C7c0cF2F13a8D1861BAf4A5
https://dexscreener.com/robinhood/0x537217eb9534d5d606bff54f8b807df65ce48678877ee3151f92f26bb94c1243
Post #9209
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CryptoDeus Gems 💎🦍 $BACKED update 🔥 I still believe this will be an important project in RH They launched Backed Perps in partnership with Lighter_xyz and rialto_xyz → It operates with cryptocurrencies, stocks, and risk-weighted assets (RWAs) with up to 50x leverage. 90%…
