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What is the project about? Backed brings real-world assets (RWAs) such as stocks or ETFs to blockchain rails. For example, our product bC3M is a tracker certificate issued as an ERC-20 token that tracks the price of the AMUNDI ETF GOVIES 0-6 MONTHS EUROMTS INVESTMENT GRADE UCITS ETF. 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
Backed GOVIES 0-6 months EURO (BC3M) is a cryptocurrency that can be traded on various exchanges. It has a current market capitalization of $0, making it one of the notable digital assets in the crypto market.
The current price of Backed GOVIES 0-6 months EURO (BC3M) is $147.74. Prices update in real-time based on market activity across major cryptocurrency exchanges.
You can buy Backed GOVIES 0-6 months EURO (BC3M) on major cryptocurrency exchanges such as Binance, Coinbase, and Kraken. Always use a reputable exchange and enable two-factor authentication to secure your account.
Whether Backed GOVIES 0-6 months EURO is a good investment depends on your financial goals, risk tolerance, and research. Cryptocurrency markets are highly volatile. Always do your own research and consider consulting a financial advisor before investing.
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