Convert Numeraire NMR to Backed CSPX Core S&P 500 BCSPX
1 NMR converts to 0.00999 BCSPX
Earn up to $2,000 when you buy $50 in crypto¹
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Restrictions apply, see full terms.
About NMR and BCSPX
Numeraire is climbing, while Backed CSPX Core S&P 500 is falling this week. The current NMR to BCSPX conversion rate is 0.00999. Inversely, this means that if you convert 1 BCSPX you will get 100.10 NMR. The conversion rate of NMR/BCSPX has decreased by 1.1% in the last hour (BCSPX/NMR increased by 1.1%). In the last 24 hours, NMR/BCSPX grew by 3.16%, while BCSPX/NMR shrunk by the same amount.
The exchange rate of Numeraire is increasing. The current value of 1 NMR is 0.00999 BCSPX. In other words, to buy 5 Numeraire, it would cost you 0.049951 BCSPX. Inversely, 1 BCSPX would allow you to trade for 100.10 NMR while 50 BCSPX would convert to 5,004.88 NMR, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.7%. Meanwhile, in the last 24 hours, the rate has changed by 2.83%, and that the highest exchange rate of 1 NMR to BCSPX was 0.01042 BCSPX and the lowest 24 hour value was 1 NMR for 0.009536 BCSPX. Last month, 1 NMR was worth 0.01134 BCSPX. Today, it's down 13.54%. Looking back a year, Numeraire has changed by 0.01252 BCSPX. That means that in a single year, the value of Numeraire has shrank by 25.3%.
Numeraire Market Stats
Numeraire is an Ethereum token that powers Numerai, a San Francisco-based hedge fund that crowdsources artificial intelligence to make investments in major stock markets around the world. Numeraire (NMR) holders can stake their NMR tokens every week on specific predictions. Successful predictions are rewarded with more NMR.
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)
Conversion tables
NMR to BCSPX values from Today at 2:50 am
0.5 NMR = 0.004995 BCSPX |
1 NMR = 0.00999 BCSPX |
5 NMR = 0.04995 BCSPX |
10 NMR = 0.0999 BCSPX |
50 NMR = 0.4995 BCSPX |
100 NMR = 0.999 BCSPX |
500 NMR = 5.00 BCSPX |
1,000 NMR = 9.99 BCSPX |
BCSPX to NMR values from Today at 2:51 am
0.5 BCSPX = 50.05 NMR |
1 BCSPX = 100.10 NMR |
5 BCSPX = 500.49 NMR |
10 BCSPX = 1,000.98 NMR |
50 BCSPX = 5,004.88 NMR |
100 BCSPX = 10,009.77 NMR |
500 BCSPX = 50,048.83 NMR |
1,000 BCSPX = 100,097.66 NMR |
NMR to BCSPX over time
NMR | Today | 24H 2.83% | 1M -13.54% | 1Y -25.30% |
|---|---|---|---|---|
0.5 NMR | 0.004995 BCSPX | 0.004854 BCSPX | 0.005671 BCSPX | 0.006259 BCSPX |
1 NMR | 0.00999 BCSPX | 0.009708 BCSPX | 0.01134 BCSPX | 0.01252 BCSPX |
5 NMR | 0.04995 BCSPX | 0.04854 BCSPX | 0.05671 BCSPX | 0.06259 BCSPX |
10 NMR | 0.0999 BCSPX | 0.09708 BCSPX | 0.1134 BCSPX | 0.1252 BCSPX |
50 NMR | 0.4995 BCSPX | 0.4854 BCSPX | 0.5671 BCSPX | 0.6259 BCSPX |
100 NMR | 0.999 BCSPX | 0.9708 BCSPX | 1.13 BCSPX | 1.25 BCSPX |
500 NMR | 5.00 BCSPX | 4.85 BCSPX | 5.67 BCSPX | 6.26 BCSPX |
1,000 NMR | 9.99 BCSPX | 9.71 BCSPX | 11.34 BCSPX | 12.52 BCSPX |
Frequently asked questions
Right now, 1 Numeraire is worth about $8.14.
Based on the current rate, you could get 0.1229 NMR for 1 USD.
Numeraire price has been on the rise. Since yesterday, the exchange rate of Numeraire has increased. Since last month, the exchange rate of Numeraire has decreased. Since this time last year, the price of Numeraire has increased.
You can use our NMR to USD calculator at the top of this page to convert any amount of NMR to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.6143 NMR. Inversely, 5 NMR will cost about $40.70
Numeraire is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Numeraire.
There are a number of crypto assets that have the a similar or comparable market cap to Numeraire, including Goldman Sachs tokenized stock (xStock), Backpack, and Wormhole. For a more robust list of assets to explore, jump to the asset page dedicated to Numeraire.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.