Convert Backed IBTA $ Treasury Bond 1-3yr BIBTA to UMA UMA
1 BIBTA converts to 15.41 UMA
Earn up to $2,000 when you buy $50 in crypto¹
Restrictions apply, see full terms.
Restrictions apply, see full terms.
About BIBTA and UMA
Backed IBTA $ Treasury Bond 1-3yr is climbing, while UMA is falling this week. The current BIBTA to UMA conversion rate is 15.41. Inversely, this means that if you convert 1 UMA you will get 0.06488 BIBTA. The conversion rate of BIBTA/UMA has increased by 0.39% in the last hour (UMA/BIBTA decreased by 0.39%). In the last 24 hours, BIBTA/UMA grew by 1.97%, while UMA/BIBTA shrunk by the same amount.
The exchange rate of Backed IBTA $ Treasury Bond 1-3yr is increasing. The current value of 1 BIBTA is 15.41 UMA. In other words, to buy 5 Backed IBTA $ Treasury Bond 1-3yr, it would cost you 77.06 UMA. Inversely, 1 UMA would allow you to trade for 0.06488 BIBTA while 50 UMA would convert to 3.24 BIBTA, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 11.03%. Meanwhile, in the last 24 hours, the rate has changed by 1.8%, which means that the highest exchange rate of 1 BIBTA to UMA was 15.70 UMA and the lowest 24 hour value was 1 BIBTA for 14.94 UMA. Last month, 1 BIBTA was worth 11.69 UMA. Today, it's up 24.18%. Looking back a year, Backed IBTA $ Treasury Bond 1-3yr has changed by 3.81 UMA. That means that in a single year, the value of Backed IBTA $ Treasury Bond 1-3yr has grown by 75.28%.
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)
UMA Market Stats
UMA is an Ethereum token that describes itself as “an open-source protocol that allows developers to design and create their own financial contracts and synthetic assets.” The protocol’s name comes from the team’s goal of creating universal market access (UMA).
Conversion tables
BIBTA to UMA values from Today at 1:18 pm
0.5 BIBTA = 7.71 UMA |
1 BIBTA = 15.41 UMA |
5 BIBTA = 77.06 UMA |
10 BIBTA = 154.13 UMA |
50 BIBTA = 770.65 UMA |
100 BIBTA = 1,541.30 UMA |
500 BIBTA = 7,706.49 UMA |
1,000 BIBTA = 15,412.99 UMA |
UMA to BIBTA values from Today at 1:18 pm
0.5 UMA = 0.03244 BIBTA |
1 UMA = 0.06488 BIBTA |
5 UMA = 0.3244 BIBTA |
10 UMA = 0.6488 BIBTA |
50 UMA = 3.24 BIBTA |
100 UMA = 6.49 BIBTA |
500 UMA = 32.44 BIBTA |
1,000 UMA = 64.88 BIBTA |
BIBTA to UMA over time
BIBTA | Today | 24H 1.80% | 1M 24.18% | 1Y 75.28% |
|---|---|---|---|---|
0.5 BIBTA | 7.71 UMA | 7.57 UMA | 5.84 UMA | 1.90 UMA |
1 BIBTA | 15.41 UMA | 15.14 UMA | 11.69 UMA | 3.81 UMA |
5 BIBTA | 77.06 UMA | 75.68 UMA | 58.43 UMA | 19.05 UMA |
10 BIBTA | 154.13 UMA | 151.35 UMA | 116.86 UMA | 38.09 UMA |
50 BIBTA | 770.65 UMA | 756.76 UMA | 584.32 UMA | 190.47 UMA |
100 BIBTA | 1,541.30 UMA | 1,513.52 UMA | 1,168.63 UMA | 380.94 UMA |
500 BIBTA | 7,706.49 UMA | 7,567.60 UMA | 5,843.17 UMA | 1,904.68 UMA |
1,000 BIBTA | 15,412.99 UMA | 15,135.20 UMA | 11,686.33 UMA | 3,809.37 UMA |
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.
Backed IBTA $ Treasury Bond 1-3yr price has been on the rise. Since yesterday, the exchange rate of Backed IBTA $ Treasury Bond 1-3yr has increased. Since last month, the exchange rate of Backed IBTA $ Treasury Bond 1-3yr has decreased. Since this time last year, the price of Backed IBTA $ Treasury Bond 1-3yr has increased.
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 0.8426 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 GET Protocol. 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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