Backed Finance is a financial platform that bridges traditional assets like stocks and bonds to the blockchain by issuing tokenized representations of these assets as ERC-20 tokens. Each token is fully backed 1:1 by the corresponding real-world security, held by licensed custodians. The platform operates under a regulatory-compliant framework, ensuring legal enforceability and transparency.
Open Source Observer provides free analytics to assess the impact of open source software contributions on ecosystem health, focusing on the Superchain. It aims to demonstrate the value of these contributions by offering visibility and verifiable proof. Operating without formal governance or a native token, the project has garnered support through grants, including a Builders Grant from Optimism and recognition at an Optimism hackathon. Following its spinout from Protocol Labs in 2023, the team established Kariba Labs to continue development independently.
Safe is a leading smart contract wallet on Ethereum and other EVM-compatible chains, securing over $100 billion in digital assets. It offers a multi-signature feature, enabling multiple approvals for transactions, which enhances security for individuals, DAOs, and institutions.
Owlto Finance is decentralized Cross-Rollup bridge, focusing on enabling direct and efficient asset transfers between Rollups. This approach circumvents the traditional need for assets to move through the mainnet, reducing transaction times and costs, and catering specifically to the DeFi, NFT, and DEX sectors' need for seamless Layer 2 asset mobility. Owlto Finance operates without its own token and is self-bootstrapped.
