Backed IBTA $ Treasury Bond 1-3yr BIBTA Live Price Today

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)

Daily trade volume is 582.38 USD.

The Backed IBTA $ Treasury Bond 1-3yr price today in USD is 5.92. Through the Backed IBTA $ Treasury Bond 1-3yr price history, the price ranges from 5.95 USD (all time high) to 5.26 USD (all time low). Backed IBTA $ Treasury Bond 1-3yr price last 24 hours fluctuated from 5.93 USD (24h high) to 5.92 USD (24h low).

Check the Backed IBTA $ Treasury Bond 1-3yr value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB

Homepage: https://backed.fi/

Block explorers: https://etherscan.io/token/0x52d134c6db5889fad3542a09eaf7aa90c0fdf9e4 https://gnosisscan.io/token/0x52d134c6db5889fad3542a09eaf7aa90c0fdf9e4 https://polygonscan.com/token/0x52d134c6db5889fad3542a09eaf7aa90c0fdf9e4 https://snowtrace.io/token/0x52d134c6db5889fad3542a09eaf7aa90c0fdf9e4 https://bscscan.com/address/0x52d134c6db5889fad3542a09eaf7aa90c0fdf9e4 https://ethplorer.io/address/0x52d134c6db5889fad3542a09eaf7aa90c0fdf9e4 https://bscscan.com/token/0x52d134c6db5889fad3542a09eaf7aa90c0fdf9e4 https://binplorer.com/address/0x52d134c6db5889fad3542a09eaf7aa90c0fdf9e4 https://basescan.org/token/0x52d134c6db5889fad3542a09eaf7aa90c0fdf9e4 https://arbiscan.io/token/0x52d134c6db5889fad3542a09eaf7aa90c0fdf9e4

Forums: https://www.linkedin.com/company/backed-finance/ https://docs.backed.fi/

Twitter: https://twitter.com/BackedFi/