Convert Backed IBTA $ Treasury Bond 1-3yr BIBTA to Numeraire NMR

BIBTA to NMR: 1 Backed IBTA $ Treasury Bond 1-3yr converts to 0.6634 NMR

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About BIBTA and NMR

Backed IBTA $ Treasury Bond 1-3yr is climbing, while Numeraire is falling this week. The current BIBTA to NMR conversion rate is 0.6634. Inversely, this means that if you convert 1 NMR you will get 1.51 BIBTA. The conversion rate of BIBTA/NMR has increased by 0.28% in the last hour (NMR/BIBTA decreased by 0.28%). In the last 24 hours, BIBTA/NMR grew by 0.06%, while NMR/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 0.6634 NMR. In other words, to buy 5 Backed IBTA $ Treasury Bond 1-3yr, it would cost you 3.3168 NMR. Inversely, 1 NMR would allow you to trade for 1.51 BIBTA while 50 NMR would convert to 75.37 BIBTA, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 7.76%. Meanwhile, in the last 24 hours, the rate has changed by 0.11%, which means that the highest exchange rate of 1 BIBTA to NMR was 0.6669 NMR and the lowest 24 hour value was 1 BIBTA for 0.6478 NMR. Last month, 1 BIBTA was worth 0.6767 NMR. Today, it's down 2.01%. Looking back a year, Backed IBTA $ Treasury Bond 1-3yr has changed by 0.6474 NMR. That means that in a single year, the value of Backed IBTA $ Treasury Bond 1-3yr has grown by 2.4%.

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)

£4.45Price
£1.84MMarket cap
£436.21Volume (24h)
414K BIBTACir. Supply

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.

£6.71Price
£50.17MMarket cap
£3MVolume (24h)
7.5M NMRCir. Supply

Conversion tables

BIBTA to NMR values from Today at 3:37 am

0.5 BIBTA = 0.3317 NMR
1 BIBTA = 0.6634 NMR
5 BIBTA = 3.32 NMR
10 BIBTA = 6.63 NMR
50 BIBTA = 33.17 NMR
100 BIBTA = 66.34 NMR
500 BIBTA = 331.68 NMR
1,000 BIBTA = 663.36 NMR

NMR to BIBTA values from Today at 3:37 am

0.5 NMR = 0.7537 BIBTA
1 NMR = 1.51 BIBTA
5 NMR = 7.54 BIBTA
10 NMR = 15.07 BIBTA
50 NMR = 75.37 BIBTA
100 NMR = 150.75 BIBTA
500 NMR = 753.74 BIBTA
1,000 NMR = 1,507.48 BIBTA

BIBTA to NMR over time

BIBTA
Today
24H
0.11%
1M
-2.01%
1Y
2.40%
0.5 BIBTA
0.3317 NMR
0.3313 NMR
0.3384 NMR
0.3237 NMR
1 BIBTA
0.6634 NMR
0.6626 NMR
0.6767 NMR
0.6474 NMR
5 BIBTA
3.32 NMR
3.31 NMR
3.38 NMR
3.24 NMR
10 BIBTA
6.63 NMR
6.63 NMR
6.77 NMR
6.47 NMR
50 BIBTA
33.17 NMR
33.13 NMR
33.84 NMR
32.37 NMR
100 BIBTA
66.34 NMR
66.26 NMR
67.67 NMR
64.74 NMR
500 BIBTA
331.68 NMR
331.31 NMR
338.35 NMR
323.71 NMR
1,000 BIBTA
663.36 NMR
662.62 NMR
676.70 NMR
647.42 NMR

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