Convert Bulgarian Lev BGN to Collaterize COLLAT

About Collaterize

Collaterize is falling this week. The current price of Collaterize is BGN 0.001716 per COLLAT. With a circulating supply of 999,906,689.982 COLLAT, it means that Collaterize has a total market cap of BGN 1,729,026.23. The amount of Collaterize traded has risen by BGN 1,049,130.01 in the last 24 hours, which is a 69.52% increase. Additionally, in the last day, BGN 1,509,143.05 worth of COLLAT has been traded.

The exchange rate of Collaterize is decreasing. The current value of 1 COLLAT is BGN 0.001716 BGN. In other words, to buy 5 Collaterize, it would cost you BGN 0.008581 BGN. Inversely, BGN 1.00 BGN would allow you to trade for 582.69 COLLAT while BGN 50.00 BGN would convert to 29,134.42 COLLAT, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 35.09%. Meanwhile, in the last 24 hours, the rate has changed by 4.63%, and that the highest exchange rate of 1 COLLAT to BGN was BGN 0.001811 BGN and the lowest 24 hour value was 1 COLLAT for BGN 0.001621 BGN. Last month, 1 COLLAT was worth BGN 0.002825 BGN. Today, it's down 39.7%. Looking back a year, Collaterize has changed by BGN 0.09902 BGN. That means that in a single year, the value of Collaterize has shrank by 98.23%.

Collaterize Market Stats

What Is Collaterize ($COLLAT)? Collaterize is a platform focused on the tokenization of real-world assets (RWA) that integrates three primary components: a mobile application, a custom Layer 1 (L1) solution, and a Solana-based token. The project aims to provide an accessible, secure, and efficient method for converting tangible assets into digital tokens while democratizing tokenization and creating an inclusive financial ecosystem accessible even to users without prior blockchain knowledge. Platform Components and Functionality Collaterize App: The Collaterize mobile application serves as the primary interface for users. It allows asset owners to initiate the tokenization process, manage their digital assets, and track transactions in real time. The app is designed with usability in mind, ensuring that both individuals and institutions can navigate the tokenization process with ease, regardless of their technical background. Collaterize L1: In addition to the mobile application, Collaterize has developed its own Layer 1 solution. This custom-built L1 is specifically engineered to handle the requirements of asset tokenization, including secure recording and verification of asset data. By isolating the tokenization process from other blockchain operations, the L1 improves overall efficiency and security. It is an integral part of the platform, ensuring that tokenized assets are managed in a controlled environment. Solana Token ($COLLAT): The token $COLLAT is deployed on the Solana blockchain. Solana was chosen for its low transaction fees and high-speed processing capabilities. The $COLLAT token is an essential element of the platform, linking the mobile app and the L1 solution through cross-chain mechanics. User Benefits This cross-chain approach provides users with several distinct benefits: Early Access to RWA Presales: Holders of $COLLAT gain early access to presale events for tokenized real-world assets. This benefit provides the opportunity to participate in asset tokenization before it becomes widely available. Lower Transaction Fees on RWA Services: Users interacting with the Collaterize platform benefit from reduced fees when dealing with tokenized assets. This cost efficiency is designed to encourage greater user engagement and broader adoption of the platform. Boosted RWA APY: The platform offers enhanced annual percentage yields (APY) for investments in tokenized assets. This incentive is structured to reward active participation within the ecosystem. Governance and Community Involvement Collaterize emphasizes a community-driven approach. The platform provides a governance framework in which $COLLAT token holders can vote on proposals that affect future platform developments and protocol upgrades. This governance structure is intended to ensure that the direction of the project reflects the interests of its community. Project Overview Launched by a team based in France, Collaterize combines traditional asset management with modern blockchain technology. The project aims to bridge the gap between physical assets and digital finance by providing a structured, transparent, and secure process for asset tokenization. At its core, Collaterize seeks to democratize tokenization and build an inclusive financial system that is accessible to everyone, regardless of their expertise in blockchain technology.

BGN 0.001716Price
BGN 1.73MMarket cap
BGN 1.51MVolume (24h)
999.9M COLLATCir. Supply

Conversion tables

BGN to COLLAT values from Today at 5:43 pm

BGN 0.50 BGN = 291.34 COLLAT
BGN 1.00 BGN = 582.69 COLLAT
BGN 5.00 BGN = 2,913.44 COLLAT
BGN 10.00 BGN = 5,826.88 COLLAT
BGN 50.00 BGN = 29,134.42 COLLAT
BGN 100.00 BGN = 58,268.84 COLLAT
BGN 500.00 BGN = 291,344.18 COLLAT
BGN 1,000.00 BGN = 582,688.36 COLLAT

COLLAT to BGN values from Today at 5:43 pm

0.5 COLLAT = BGN 0.0008581 BGN
1 COLLAT = BGN 0.001716 BGN
5 COLLAT = BGN 0.008581 BGN
10 COLLAT = BGN 0.01716 BGN
50 COLLAT = BGN 0.08581 BGN
100 COLLAT = BGN 0.1716 BGN
500 COLLAT = BGN 0.8581 BGN
1,000 COLLAT = BGN 1.72 BGN

BGN to COLLAT over time

BGN
Today
24H
-712,167.04%
1M
-453,934.48%
1Y
-12,853.58%
0.5 BGN
291.34 COLLAT
277.66 COLLAT
176.99 COLLAT
5.05 COLLAT
1 BGN
582.69 COLLAT
555.32 COLLAT
353.99 COLLAT
10.10 COLLAT
5 BGN
2,913.44 COLLAT
2,776.59 COLLAT
1,769.94 COLLAT
50.50 COLLAT
10 BGN
5,826.88 COLLAT
5,553.19 COLLAT
3,539.88 COLLAT
100.99 COLLAT
50 BGN
29,134.42 COLLAT
27,765.94 COLLAT
17,699.39 COLLAT
504.96 COLLAT
100 BGN
58,268.84 COLLAT
55,531.88 COLLAT
35,398.78 COLLAT
1,009.93 COLLAT
500 BGN
291,344.18 COLLAT
277,659.38 COLLAT
176,993.92 COLLAT
5,049.63 COLLAT
1,000 BGN
582,688.36 COLLAT
555,318.77 COLLAT
353,987.84 COLLAT
10,099.26 COLLAT

Frequently asked questions

Right now, 1 Collaterize is worth about BGN 0.001716.

Based on the current rate, you could get 582.69 COLLAT for 1 BGN.

Collaterize price has been declining. Since yesterday, the exchange rate of Collaterize has decreased. Since last month, the exchange rate of Collaterize has decreased. Since this time last year, the price of Collaterize has decreased.

You can use our COLLAT to BGN calculator at the top of this page to convert any amount of COLLAT to BGN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 BGN is equivalent to 2,913.44 COLLAT. Inversely, 5 COLLAT will cost about BGN 0.008581

Collaterize can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Collaterize.

There are a number of crypto assets that have the a similar or comparable market cap to Collaterize, including BinGold, Giza, and RIV Coin. For a more robust list of assets to explore, jump to the asset page dedicated to Collaterize.

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