Convert Backed CSPX Core S&P 500 BCSPX to deBridge DBR
BCSPX to DBR: 1 Backed CSPX Core S&P 500 converts to 55,522.04 DBR
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About BCSPX and DBR
Backed CSPX Core S&P 500 is falling, while deBridge is climbing this week. The current BCSPX to DBR conversion rate is 55,522.04. Inversely, this means that if you convert 1 DBR you will get 0.00001801 BCSPX. The conversion rate of BCSPX/DBR has decreased by 0.87% in the last hour (DBR/BCSPX increased by 0.87%). In the last 24 hours, BCSPX/DBR shrunk by 1.22%, while DBR/BCSPX grew by the same amount.
The exchange rate of Backed CSPX Core S&P 500 is decreasing. The current value of 1 BCSPX is 55,522.04 DBR. In other words, to buy 5 Backed CSPX Core S&P 500, it would cost you 277,610.19 DBR. Inversely, 1 DBR would allow you to trade for 0.00001801 BCSPX while 50 DBR would convert to 0.0009005 BCSPX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.19%. Meanwhile, in the last 24 hours, the rate has changed by 1.22%, and that the highest exchange rate of 1 BCSPX to DBR was 56,534.21 DBR and the lowest 24 hour value was 1 BCSPX for 55,217.81 DBR. Last month, 1 BCSPX was worth 57,215.43 DBR. Today, it's down 3.05%. Looking back a year, Backed CSPX Core S&P 500 has changed by 45,161.51 DBR. That means that in a single year, the value of Backed CSPX Core S&P 500 has grown by 18.66%.
Backed CSPX Core S&P 500 Market Stats
What is the project about? Backed brings real-world assets (RWAs) 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 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 (edited)
deBridge Market Stats
DBR is the governance token of the deBridge ecosystem, which is a cross-chain interoperability protocol designed to connect multiple blockchain networks and enable seamless transfers of data, assets, and liquidity across them.
Conversion tables
BCSPX to DBR values from Today at 1:00 am
0.5 BCSPX = 27,761.02 DBR |
1 BCSPX = 55,522.04 DBR |
5 BCSPX = 277,610.19 DBR |
10 BCSPX = 555,220.38 DBR |
50 BCSPX = 2,776,101.89 DBR |
100 BCSPX = 5,552,203.79 DBR |
500 BCSPX = 27,761,018.94 DBR |
1,000 BCSPX = 55,522,037.88 DBR |
DBR to BCSPX values from Today at 1:00 am
0.5 DBR = 0.000009005 BCSPX |
1 DBR = 0.00001801 BCSPX |
5 DBR = 0.00009005 BCSPX |
10 DBR = 0.0001801 BCSPX |
50 DBR = 0.0009005 BCSPX |
100 DBR = 0.001801 BCSPX |
500 DBR = 0.009005 BCSPX |
1,000 DBR = 0.01801 BCSPX |
BCSPX to DBR over time
BCSPX | Today | 24H -1.22% | 1M -3.05% | 1Y 18.66% |
|---|---|---|---|---|
0.5 BCSPX | 27,761.02 DBR | 28,099.69 DBR | 28,607.72 DBR | 22,580.75 DBR |
1 BCSPX | 55,522.04 DBR | 56,199.37 DBR | 57,215.43 DBR | 45,161.51 DBR |
5 BCSPX | 277,610.19 DBR | 280,996.86 DBR | 286,077.15 DBR | 225,807.54 DBR |
10 BCSPX | 555,220.38 DBR | 561,993.72 DBR | 572,154.30 DBR | 451,615.08 DBR |
50 BCSPX | 2,776,101.89 DBR | 2,809,968.60 DBR | 2,860,771.52 DBR | 2,258,075.40 DBR |
100 BCSPX | 5,552,203.79 DBR | 5,619,937.19 DBR | 5,721,543.03 DBR | 4,516,150.80 DBR |
500 BCSPX | 27,761,018.94 DBR | 28,099,685.95 DBR | 28,607,715.15 DBR | 22,580,753.99 DBR |
1,000 BCSPX | 55,522,037.88 DBR | 56,199,371.91 DBR | 57,215,430.31 DBR | 45,161,507.99 DBR |
Frequently asked questions
Right now, 1 Backed CSPX Core S&P 500 is worth about $806.18.
Based on the current rate, you could get 0.00124 BCSPX for 1 USD.
You can use our BCSPX to USD calculator at the top of this page to convert any amount of BCSPX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.006202 BCSPX. Inversely, 5 BCSPX will cost about $4,030.90
Backed CSPX Core S&P 500 can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Backed CSPX Core S&P 500.
There are a number of crypto assets that have the a similar or comparable market cap to Backed CSPX Core S&P 500, including Autonio, Rentberry, and Monetha. For a more robust list of assets to explore, jump to the asset page dedicated to Backed CSPX Core S&P 500.
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