Rank #N/A
bcoin Backed Coinbase Global
$ 198.3
0.00%
0.003307 BTC
330,794 satoshies0.00%
Market Cap
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24 Hour Trading Vol
93.4858 $
Circulating Supply
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Total Supply
18,650
Max Supply
-
Fully Diluted Valuation
3,69 MLN. $
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High
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24h
7d
1m
1y
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About Coin
What is the project about?
Backed brings real-world assets (RWAs) such as stocks or ETFs to blockchain rails. For example, our product bCOIN is a tracker certificate issued as an ERC-20 token. bCOIN tracks the price of Coinbase Global Inc. and it is designed to give eligible cryptocurrency market participants regulatory-compliant access to the stock price of Coinbase.
What makes your project unique?
Backed issues permissionless tokens (bTokens) that represent ownership of structured products. Backed tokens are 1:1 backed by the underlying assets, held by Swiss third-party custodians, and are bankruptcy remote book-entry securities.
History of your project.
Backed was incorporated in 2021 in Switzerland due to the regulatory clarity the Swiss DLT Act provided to the project. Backed released its first tokenized product on Ethereum in early Q1 2023. Backed now supports issuance and redemption on many different blockchains.
What’s next for your project?
Backed is working to create the standard for tokenization with a network of protocols benefitting from RWAs on-chain.
What can your token be used for?
Backed enables clients to access sustainable, low-risk yields while keeping their funds entirely on-chain. There is no need to go through TradFi onboarding processes or off-ramp crypto to fiat.
bTokens are utilized by the likes of Gnosis, Angle Protocol, Ribbon Finance, Aragon, and Blueberry to name a few.
Disclaimer:
bC3 is not licensed by or affiliated to Coinbase Global Inc., and it bears no responsibility to it.
Backed DOES NOT sell its tokens to U.S. Persons or for the account or benefit of U.S. Persons, and tokens are not marketed, offered, or solicited in the U.S. or in any other prohibited jurisdiction.
For a full list of prohibited and restricted countries and review of legal documentation, please visit https://www.backedassets.fi/legal-documentation
What is the highest value Backed Coinbase Global (BCOIN) has ever reached?
Backed Coinbase Global (BCOIN) reached its peak price at 265.15 $ on 23 July 2024, approximately 2 months ago ago. Presently, the current price is -25.21% lower than this all-time high.
What is the historical minimum price for Backed Coinbase Global (BCOIN)?
The minimum price reached for Backed Coinbase Global (BCOIN) was 70.78 $, documented on 30 October 2023, more than 10 months ago. In comparison, the current price is 180.16%, it above this historical low.
What is the fully diluted valuation of Backed Coinbase Global (BCOIN)?
The fully diluted valuation (FDV) of Backed Coinbase Global (BCOIN) stands at $ 3,69 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of BCOIN tokens. The realization of this FDV might take several years depending on the emission schedule of BCOIN tokens.
How to add Backed Coinbase Global (BCOIN) to MetaMask?
By integrating Backed Coinbase Global (BCOIN) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import BCOIN as a token. You can either manually import BCOIN by copying its contract address (0xbbcb0356bb9e6b3faa5cbf9e5f36185d53403ac9) or use MetaMask's Chrome extension to add BCOIN with a single click through Pirate.Place.
How to add Backed Coinbase Global (BCOIN) to TrustWallet?
Incorporating Backed Coinbase Global (BCOIN) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include BCOIN, you can either manually import it using the contract address (0xbbcb0356bb9e6b3faa5cbf9e5f36185d53403ac9) or conveniently add it to Trust Wallet with just one click via Pirate.Place if you've installed Trust Wallet's Chrome extension.
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