Backed CSPX Core S&P 500

BCSPX Price

What is Backed CSPX Core S&P 500 about?

Backed brings real-world assets, such as stocks or ETFs, to blockchain rails. For example, our product bCSPX is a tokenised tracker certificate reflecting the net total return of the iShares Core S&P 500 UCITS ETF USD, less fees.

What makes Backed CSPX Core S&P 500 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.

What's the history of Backed CSPX Core S&P 500?

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 Backed CSPX Core S&P 500?

Backed is working to create the standard for tokenization with a network of protocols benefitting from RWAs on-chain.

What can Backed CSPX Core S&P 500 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.

Where can you buy Backed CSPX Core S&P 500?

BCSPX tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Backed CSPX Core S&P 500 is Balancer V2 (Gnosis), where the most active trading pair BCSPX/SDAI has a trading volume of $0.012348108721 in the last 24 hours.

What is the daily trading volume of Backed CSPX Core S&P 500 (BCSPX)?

The trading volume of Backed CSPX Core S&P 500 (BCSPX) is $0.012348108721 in the last 24 hours, representing a -99.40% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Backed CSPX Core S&P 500 (BCSPX)?

Backed CSPX Core S&P 500 (BCSPX) reached an all-time high of $762.66 and an all-time low of $433.76. It’s now trading -4.50% below that peak and 67.90% above its lowest price.

What is the fully diluted valuation of Backed CSPX Core S&P 500 (BCSPX)?

The fully diluted valuation (FDV) of Backed CSPX Core S&P 500 (BCSPX) is $5,534,130. This is a statistical representation of the maximum market cap, assuming total number of 7.6 Thousand ETH tokens are in circulation today.

How does the price performance of Backed CSPX Core S&P 500 compare against its peers?

With a price increase of 3.50% in the last 7 days, Backed CSPX Core S&P 500 (BCSPX) is underperforming the global cryptocurrency market which is up 4.20%, while outperforming when compared to similar Polygon Ecosystem cryptocurrencies which are up 0.00%.

How to add Backed CSPX Core S&P 500 (BCSPX) to MetaMask?

Adding Backed CSPX Core S&P 500 (BCSPX) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import BCSPX as a token. You can copy BCSPX’s contract address (0x1e2c4fb7ede391d116e6b41cd0608260e8801d59) and import it manually, or if you've installed MetaMask's chrome extension, add BCSPX to MetaMask with one click on CoinGecko.

Add BCSPX to MetaMask.