Backed has issued a tokenized security product on Base named bIB01, which tracks a short-term US treasury bond ETF.
Real-world asset tokenizer Backed has issued the first tokenized security product on Base named bIB01, which tracks a short-term US treasury bond ETF.
Backed has previously issued b1B01 tokens on the Ethereum and Gnosis chains with a combined market capitalization of over $37 million, according to on-chain data aggregated by Steakhouse on Dune. Now it has expanded the product to Base. “We are constantly seeing new use cases developed for our bTokens product and are certain that Base will provide an excellent platform for further experimentation,” said Giorgio Giuliani, head of product at Backed.Backed’s bIB01 tokens track the investment results of a short-term iShares treasury bond ETF, an index composed of US Dollar-denominated treasury bonds.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Real women, real stories on HealthyWomen's siteHealthyWomen
Weiterlesen »
A Spot ETH ETF Represents the Dawn of Institutional Liquid StakingMatt Leisinger is the CEO and co-founder of Alluvial Finance.
Weiterlesen »
From Taylor Swift and Beyoncé to blockchain and AI: ETF CEO eyes next big thing‘AI and blockchain are simply revolutionizing this industry today,’ says David Schulhof, founder and CEO of the MUSQ Global Music Industry ETF
Weiterlesen »
Bitcoin ETF approval odds at 70%, says analyst ahead of January deadlineAs the crypto community awaits for the first spot Bitcoin Exchange-Traded Fund (ETF), analyst Alex Krüger hints at a 70% likelihood of approval in Jan
Weiterlesen »
'Close your eyes and buy' these utilities stocks, analyst saysThe crisis-like selloff has boosted the SPDR utilities ETF’s dividend yield to 3.8%
Weiterlesen »
Former BlackRock Exec Predicts Spot Bitcoin ETF Approval by April 2024Crypto Blog
Weiterlesen »