Wrapped Backed MicroStrategy Incorporated Class A Common Stock
(wbMSTR)
Onchain Marketcap$0
Active Marketcap$0
DeFi Active TVL$0
wbMSTR Price$131.2
Chains5
Token Properties
CategoryRWA Wrappers,Stocks & Equities
Asset ClassSingle Asset Wrapper,Stock Backed
TypeWrapper
RWA ClassificationProgrammable Finance
Access ModelPermissionless
Parent PlatformBacked Finance
Classification
RedeemableIndicates whether the token can be redeemed for underlying assets
TransferableIndicates whether the token can be transferred freely between on chain addresses
Self CustodyIndicates whether the token can be held in a user controlled wallet
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Issuer Information
IssuerBacked Assets (JE) Limited
Registry InformationBacked Assets (JE) Limited – Jersey company no. 152608, registered address First Floor, La Chasse Chambers, Ten La Chasse, St. Helier, Jersey JE2 4UE. LEI 984500001AB7C6C7F577.
Attestations
Date of Last AttestationContinuous (on-chain)
Attestation FrequencyContinuous (real-time Chainlink PoR)
View AttestationsThird-party verification reportsView AttestationsThird-party verification reportsNotes
- wbMSTR is the ERC-4626 wrapped version of bMSTR (Backed MicroStrategy Incorporated Class A Common Stock), deployed across multiple chains. It wraps bMSTR into a standardized vault-share token to enable DeFi composability such as use as collateral in lending markets, automated strategies, and other yield protocols. Each wbMSTR represents a share claim on deposited bMSTR
- underlying real-world exposure, redemption mechanics, and reference price tracking are inherited from the underlying bMSTR token issued by Backed Finance. The wrapper does not rebase, so its share-to-underlying ratio grows as Backed's bToken adjusts its balance for dividends and corporate events, making it a total-return tracker rather than a price-parity tracker.