> For the complete documentation index, see [llms.txt](https://docs.stablelabs.co/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.stablelabs.co/getting-started-with-genify/how-it-works/tokenization/backing.md).

# Backing

All RWA tokens are fully backed by the equivalent amount of assets they represent. For example, 100 TSLAI tokens are backed by 100 TSLA shares in our custody, verified through Chainlink's Proof of Reserve.

* **Separate Custody:** Assets backing RWA tokens are kept separate from Stable's or Genify's own assets.
* **Regulated Custodians:** These assets are held by fully regulated and licensed asset custodians or in a separate entity meeting the same standards and safeguards.
* **Treasury Contract:** Tokens in our staging treasury contract are not backed nor in circulation.


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