Backed IBTA $ Treasury Bond 1-3yr

BIBTA Price

What is Backed IBTA $ Treasury Bond 1-3yr 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 Backed IBTA $ Treasury Bond 1-3yr 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 IBTA $ Treasury Bond 1-3yr?

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 IBTA $ Treasury Bond 1-3yr?

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

What can Backed IBTA $ Treasury Bond 1-3yr 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 IBTA $ Treasury Bond 1-3yr?

BIBTA tokens have stopped trading - ago on all exchanges listed on CoinGecko. Information will be updated if market activity resumes.

What is the daily trading volume of Backed IBTA $ Treasury Bond 1-3yr (BIBTA)?

The 24 hour trading volume of Backed IBTA $ Treasury Bond 1-3yr (BIBTA) is $0 which signals a drop in market activity. If you own BIBTA tokens, liquidity of the token is likely to be low. Proceed with caution. You may explore CoinGecko’s list of most traded cryptos for coins with higher liquidity.

What is the highest and lowest price for Backed IBTA $ Treasury Bond 1-3yr (BIBTA)?

Backed IBTA $ Treasury Bond 1-3yr (BIBTA) reached an all-time high of $5.98 and an all-time low of $5.26. It’s now trading -0.50% below that peak and 13.20% above its lowest price.

What is the market cap of Backed IBTA $ Treasury Bond 1-3yr (BIBTA)?

Market capitalization of Backed IBTA $ Treasury Bond 1-3yr (BIBTA) is $2,463,937 and is ranked #- on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of BIBTA tokens (410 Thousand tokens are tradable on the market today).

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) is $2,463,937. This is a statistical representation of the maximum market cap, assuming total number of 410 Thousand ETH tokens are in circulation today.

How does the price performance of Backed IBTA $ Treasury Bond 1-3yr compare against its peers?

With a price increase of 0.00% in the last 7 days, Backed IBTA $ Treasury Bond 1-3yr (BIBTA) is underperforming the global cryptocurrency market which is up 1.30%, while outperforming when compared to similar Real World Assets (RWA) cryptocurrencies which are down -2.60%.

How to add Backed IBTA $ Treasury Bond 1-3yr (BIBTA) to MetaMask?

Adding Backed IBTA $ Treasury Bond 1-3yr (BIBTA) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import BIBTA as a token. You can copy BIBTA’s contract address (0x52d134c6db5889fad3542a09eaf7aa90c0fdf9e4) and import it manually, or if you've installed MetaMask's chrome extension, add BIBTA to MetaMask with one click on CoinGecko.

Add BIBTA to MetaMask.