Convert Backed IBTA $ Treasury Bond 1-3yr BIBTA to Flow FLOW
BIBTA to FLOW: 1 Backed IBTA $ Treasury Bond 1-3yr converts to 261.51 FLOW
About BIBTA and FLOW
Backed IBTA $ Treasury Bond 1-3yr is climbing, while Flow is falling this week. The current BIBTA to FLOW conversion rate is 261.51. Inversely, this means that if you convert 1 FLOW you will get 0.003824 BIBTA. The conversion rate of BIBTA/FLOW has increased by 0.86% in the last hour (FLOW/BIBTA decreased by 0.85%). In the last 24 hours, BIBTA/FLOW grew by 10.66%, while FLOW/BIBTA shrunk by 9.63%.
The exchange rate of Backed IBTA $ Treasury Bond 1-3yr is increasing. The current value of 1 BIBTA is 261.51 FLOW. In other words, to buy 5 Backed IBTA $ Treasury Bond 1-3yr, it would cost you 1,307.56 FLOW. Inversely, 1 FLOW would allow you to trade for 0.003824 BIBTA while 50 FLOW would convert to 0.1912 BIBTA, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 26.56%. Meanwhile, in the last 24 hours, the rate has changed by 10.61%, which means that the highest exchange rate of 1 BIBTA to FLOW was 268.59 FLOW and the lowest 24 hour value was 1 BIBTA for 227.35 FLOW. Last month, 1 BIBTA was worth 180.91 FLOW. Today, it's up 44.55%. Looking back a year, Backed IBTA $ Treasury Bond 1-3yr has changed by 22.60 FLOW. That means that in a single year, the value of Backed IBTA $ Treasury Bond 1-3yr has grown by 1,057.27%.
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)
Flow Market Stats
FLOW is a cryptocurrency that powers Flow, a layer one blockchain and smart contract platform. FLOW can be used to pay for transactions, vote on the future of the network, and staked by validators to secure the network.
Conversion tables
BIBTA to FLOW values from Today at 8:35 am
0.5 BIBTA = 130.76 FLOW |
1 BIBTA = 261.51 FLOW |
5 BIBTA = 1,307.56 FLOW |
10 BIBTA = 2,615.11 FLOW |
50 BIBTA = 13,075.57 FLOW |
100 BIBTA = 26,151.14 FLOW |
500 BIBTA = 130,755.71 FLOW |
1,000 BIBTA = 261,511.42 FLOW |
FLOW to BIBTA values from Today at 8:34 am
0.5 FLOW = 0.001912 BIBTA |
1 FLOW = 0.003824 BIBTA |
5 FLOW = 0.01912 BIBTA |
10 FLOW = 0.03824 BIBTA |
50 FLOW = 0.1912 BIBTA |
100 FLOW = 0.3824 BIBTA |
500 FLOW = 1.91 BIBTA |
1,000 FLOW = 3.82 BIBTA |
BIBTA to FLOW over time
BIBTA | Today | 24H 9.59% | 1M 30.82% | 1Y 91.36% |
|---|---|---|---|---|
0.5 BIBTA | 130.76 FLOW | 118.21 FLOW | 90.46 FLOW | 11.30 FLOW |
1 BIBTA | 261.51 FLOW | 236.43 FLOW | 180.91 FLOW | 22.60 FLOW |
5 BIBTA | 1,307.56 FLOW | 1,182.13 FLOW | 904.56 FLOW | 112.99 FLOW |
10 BIBTA | 2,615.11 FLOW | 2,364.25 FLOW | 1,809.12 FLOW | 225.97 FLOW |
50 BIBTA | 13,075.57 FLOW | 11,821.25 FLOW | 9,045.59 FLOW | 1,129.87 FLOW |
100 BIBTA | 26,151.14 FLOW | 23,642.50 FLOW | 18,091.19 FLOW | 2,259.73 FLOW |
500 BIBTA | 130,755.71 FLOW | 118,212.51 FLOW | 90,455.93 FLOW | 11,298.65 FLOW |
1,000 BIBTA | 261,511.42 FLOW | 236,425.02 FLOW | 180,911.85 FLOW | 22,597.30 FLOW |
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