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The three co-founders of Backed Finance, the company behind xStocks, previously worked at the defunct DAOstack.
PANews, July 2nd news, according to LinkedIn information, the three co-founders of the stock tokenization platform xStocks, namely Adam Levi Ph.D., Yehonatan Goldman, and Roberto Klein, have all been confirmed to have worked at the now-bankrupt DAOstack. Among them, Adam Levi Ph.D. was a co-founder of DAOstack, Yehonatan Goldman was the Chief Operating Officer of DAOstack, and Roberto Klein was responsible for legal and regulatory matters at DAOstack. ICO Drops data shows that DAOstack raised approximately $30 million through multiple rounds of financing from the fourth quarter of 2017 to May 2018, and it closed at the end of 2022 due to running out of funds.