Convert Backed IBTA $ Treasury Bond 1-3yr BIBTA to Cap CAP

BIBTA to CAP: 1 Backed IBTA $ Treasury Bond 1-3yr converts to 84.69 CAP

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About BIBTA and CAP

Backed IBTA $ Treasury Bond 1-3yr is falling, while Cap is climbing this week. The current BIBTA to CAP conversion rate is 84.69. Inversely, this means that if you convert 1 CAP you will get 0.01181 BIBTA. The conversion rate of BIBTA/CAP has decreased by 0.3% in the last hour (CAP/BIBTA increased by 0.3%). In the last 24 hours, BIBTA/CAP shrunk by 7.08%, while CAP/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 84.69 CAP. In other words, to buy 5 Backed IBTA $ Treasury Bond 1-3yr, it would cost you 423.46 CAP. Inversely, 1 CAP would allow you to trade for 0.01181 BIBTA while 50 CAP would convert to 0.5904 BIBTA, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 4.84%. Meanwhile, in the last 24 hours, the rate has changed by 6.5%, and that the highest exchange rate of 1 BIBTA to CAP was 90.87 CAP and the lowest 24 hour value was 1 BIBTA for 81.96 CAP. Last month, 1 BIBTA was worth 296.78 CAP. Today, it's down 250.43%. Looking back a year, Backed IBTA $ Treasury Bond 1-3yr has changed by ∞ CAP. That means that in a single year, the value of Backed IBTA $ Treasury Bond 1-3yr has shrank by ∞%.

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)

£4.38Price
£1.81MMarket cap
£0Volume (24h)
414K BIBTACir. Supply

Cap Market Stats

Cap is a decentralized finance protocol focused on cryptocurrency trading with leverage and zero slippage. The $CAP token is used for staking and governance within the platform.

£0.05171Price
£80.12MMarket cap
£16.5MVolume (24h)
1.6B CAPCir. Supply

Conversion tables

BIBTA to CAP values from Today at 6:40 am

0.5 BIBTA = 42.35 CAP
1 BIBTA = 84.69 CAP
5 BIBTA = 423.46 CAP
10 BIBTA = 846.92 CAP
50 BIBTA = 4,234.59 CAP
100 BIBTA = 8,469.17 CAP
500 BIBTA = 42,345.85 CAP
1,000 BIBTA = 84,691.71 CAP

CAP to BIBTA values from Today at 6:40 am

0.5 CAP = 0.005904 BIBTA
1 CAP = 0.01181 BIBTA
5 CAP = 0.05904 BIBTA
10 CAP = 0.1181 BIBTA
50 CAP = 0.5904 BIBTA
100 CAP = 1.18 BIBTA
500 CAP = 5.90 BIBTA
1,000 CAP = 11.81 BIBTA

BIBTA to CAP over time

BIBTA
Today
24H
-6.50%
1M
-250.43%
1Y
94.92%
0.5 BIBTA
42.35 CAP
45.10 CAP
148.39 CAP
2.15 CAP
1 BIBTA
84.69 CAP
90.20 CAP
296.78 CAP
4.30 CAP
5 BIBTA
423.46 CAP
450.99 CAP
1,483.92 CAP
21.51 CAP
10 BIBTA
846.92 CAP
901.98 CAP
2,967.84 CAP
43.02 CAP
50 BIBTA
4,234.59 CAP
4,509.88 CAP
14,839.19 CAP
215.12 CAP
100 BIBTA
8,469.17 CAP
9,019.76 CAP
29,678.38 CAP
430.23 CAP
500 BIBTA
42,345.85 CAP
45,098.78 CAP
148,391.92 CAP
2,151.15 CAP
1,000 BIBTA
84,691.71 CAP
90,197.56 CAP
296,783.84 CAP
4,302.30 CAP

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