Convert Backed IBTA $ Treasury Bond 1-3yr BIBTA to io.net IO

BIBTA to IO: 1 Backed IBTA $ Treasury Bond 1-3yr converts to 43.15 IO

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About BIBTA and IO

Backed IBTA $ Treasury Bond 1-3yr is falling, while io.net is climbing this week. The current BIBTA to IO conversion rate is 43.15. Inversely, this means that if you convert 1 IO you will get 0.02318 BIBTA. The conversion rate of BIBTA/IO has decreased by 2.22% in the last hour (IO/BIBTA increased by 2.22%). In the last 24 hours, BIBTA/IO shrunk by 0.73%, while IO/BIBTA grew by the same amount.

The exchange rate of Backed IBTA $ Treasury Bond 1-3yr is decreasing. The current value of 1 BIBTA is 43.15 IO. In other words, to buy 5 Backed IBTA $ Treasury Bond 1-3yr, it would cost you 215.75 IO. Inversely, 1 IO would allow you to trade for 0.02318 BIBTA while 50 IO would convert to 1.16 BIBTA, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 19.41%. Meanwhile, in the last 24 hours, the rate has changed by 0.36%, which means that the highest exchange rate of 1 BIBTA to IO was 44.78 IO and the lowest 24 hour value was 1 BIBTA for 41.64 IO. Last month, 1 BIBTA was worth 37.86 IO. Today, it's up 12.25%. Looking back a year, Backed IBTA $ Treasury Bond 1-3yr has changed by 7.04 IO. That means that in a single year, the value of Backed IBTA $ Treasury Bond 1-3yr has grown by 83.69%.

Backed IBTA $ Treasury Bond 1-3yr 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 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 (edited)

$5.93Price
$1.27MMarket cap
$582.38Volume (24h)
214K BIBTACir. Supply

io.net Market Stats

io.net is a decentralized GPU network designed to give computing power to ML applications. Their mission is to unlock fair access to computing power by assembling 1 million + GPUs from independent data centers, crypto miners, and crypto projects such as Filecoin or Render. IO Coin is the native Coin of the IOG Network. IO functions as a payment and proof of stake token for the IOG network. 

$0.1375Price
$47.85MMarket cap
$34.88MVolume (24h)
346.5M IOCir. Supply

Conversion tables

BIBTA to IO values from Today at 10:08 am

0.5 BIBTA = 21.57 IO
1 BIBTA = 43.15 IO
5 BIBTA = 215.75 IO
10 BIBTA = 431.49 IO
50 BIBTA = 2,157.45 IO
100 BIBTA = 4,314.91 IO
500 BIBTA = 21,574.55 IO
1,000 BIBTA = 43,149.09 IO

IO to BIBTA values from Today at 10:08 am

0.5 IO = 0.01159 BIBTA
1 IO = 0.02318 BIBTA
5 IO = 0.1159 BIBTA
10 IO = 0.2318 BIBTA
50 IO = 1.16 BIBTA
100 IO = 2.32 BIBTA
500 IO = 11.59 BIBTA
1,000 IO = 23.18 BIBTA

BIBTA to IO over time

BIBTA
Today
24H
-0.36%
1M
12.25%
1Y
83.69%
0.5 BIBTA
21.57 IO
21.65 IO
18.93 IO
3.52 IO
1 BIBTA
43.15 IO
43.31 IO
37.86 IO
7.04 IO
5 BIBTA
215.75 IO
216.53 IO
189.32 IO
35.18 IO
10 BIBTA
431.49 IO
433.07 IO
378.63 IO
70.37 IO
50 BIBTA
2,157.45 IO
2,165.33 IO
1,893.15 IO
351.84 IO
100 BIBTA
4,314.91 IO
4,330.66 IO
3,786.31 IO
703.68 IO
500 BIBTA
21,574.55 IO
21,653.28 IO
18,931.53 IO
3,518.40 IO
1,000 BIBTA
43,149.09 IO
43,306.57 IO
37,863.06 IO
7,036.81 IO

Frequently asked questions

Right now, 1 Backed IBTA $ Treasury Bond 1-3yr is worth about $5.93.

Based on the current rate, you could get 0.1685 BIBTA for 1 USD.

You can use our BIBTA to USD calculator at the top of this page to convert any amount of BIBTA to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.8427 BIBTA. Inversely, 5 BIBTA will cost about $29.67

Backed IBTA $ Treasury Bond 1-3yr can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Backed IBTA $ Treasury Bond 1-3yr.

There are a number of crypto assets that have the a similar or comparable market cap to Backed IBTA $ Treasury Bond 1-3yr, including Autonio, HOPE, and Digitex. For a more robust list of assets to explore, jump to the asset page dedicated to Backed IBTA $ Treasury Bond 1-3yr.

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