The three co-founders of Backed Finance, the company behind xStocks, previously worked at the defunct DAOstack.
The three co-founders of the stock tokenization platform xStocks previously worked at the now-bankrupt DAOstack, including its co-founder Adam Levi and former COO Yehonatan Goldman. DAOstack raised approximately $30 million between 2017 and 2018 and shut down at the end of 2022 due to running out of funds.