Rank #N/A
bibta Backed IBTA $ Treasury Bond 1-3yr
$ 5.58
0.00%
0.00009305 BTC
9,305 satoshies0.00%
Market Cap
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24 Hour Trading Vol
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Circulating Supply
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Total Supply
785,000
Max Supply
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Fully Diluted Valuation
4,37 MLN. $
Low
Range
High
1h
24h
7d
1m
1y
max
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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 bIBTA tracks the iShares $ Treasury Bond 1-3yr UCITS ETF, aiming to reflect an index of USD bonds by the US Treasury with 1-3yr maturities.
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:
Backed Finance AG and its subsidiary Backed Assets GmbH are not affiliates of or licensed by BlackRock Inc, BlackRock Fund Advisors and any of its affiliates ("BlackRock"). BlackRock is not responsible in any way to bIB01 products.
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 (edited)
What is the highest value Backed IBTA $ Treasury Bond 1-3yr (BIBTA) has ever reached?
Backed IBTA $ Treasury Bond 1-3yr (BIBTA) reached its peak price at 5.58 $ on 24 August 2024, approximately 15 days ago ago. Presently, the current price is equal to this historic high.
What is the historical minimum price for Backed IBTA $ Treasury Bond 1-3yr (BIBTA)?
The minimum price reached for Backed IBTA $ Treasury Bond 1-3yr (BIBTA) was 5.26 $, documented on 27 September 2023, more than a year ago. In comparison, the current price is 6.08%, it above this historical low.
What is the fully diluted valuation of Backed IBTA $ Treasury Bond 1-3yr (BIBTA)?
The fully diluted valuation (FDV) of Backed IBTA $ Treasury Bond 1-3yr (BIBTA) stands at $ 4,37 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of BIBTA tokens. The realization of this FDV might take several years depending on the emission schedule of BIBTA tokens.
How to add Backed IBTA $ Treasury Bond 1-3yr (BIBTA) to MetaMask?
By integrating Backed IBTA $ Treasury Bond 1-3yr (BIBTA) 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 BIBTA as a token. You can either manually import BIBTA by copying its contract address (0x52d134c6db5889fad3542a09eaf7aa90c0fdf9e4) or use MetaMask's Chrome extension to add BIBTA with a single click through Pirate.Place.
How to add Backed IBTA $ Treasury Bond 1-3yr (BIBTA) to TrustWallet?
Incorporating Backed IBTA $ Treasury Bond 1-3yr (BIBTA) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include BIBTA, you can either manually import it using the contract address (0x52d134c6db5889fad3542a09eaf7aa90c0fdf9e4) 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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