Convert Backed IBTA $ Treasury Bond 1-3yr BIBTA to Treehouse TREE
BIBTA to TREE: 1 Backed IBTA $ Treasury Bond 1-3yr converts to 134.68 TREE
Buy Backed IBTA $ Treasury Bond 1-3yr with Coinbase
Create a Coinbase account to buy and sell Backed IBTA $ Treasury Bond 1-3yr on the most trusted crypto exchange. Learn more
About BIBTA and TREE
Backed IBTA $ Treasury Bond 1-3yr is falling, while Treehouse is climbing this week. The current BIBTA to TREE conversion rate is 134.68. Inversely, this means that if you convert 1 TREE you will get 0.007425 BIBTA. The conversion rate of BIBTA/TREE has decreased by 0.91% in the last hour (TREE/BIBTA increased by 0.91%). In the last 24 hours, BIBTA/TREE shrunk by 14.29%, while TREE/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 134.68 TREE. In other words, to buy 5 Backed IBTA $ Treasury Bond 1-3yr, it would cost you 673.42 TREE. Inversely, 1 TREE would allow you to trade for 0.007425 BIBTA while 50 TREE would convert to 0.3712 BIBTA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.54%. Meanwhile, in the last 24 hours, the rate has changed by 12.91%, and that the highest exchange rate of 1 BIBTA to TREE was 153.17 TREE and the lowest 24 hour value was 1 BIBTA for 124.15 TREE. Last month, 1 BIBTA was worth 175.68 TREE. Today, it's down 30.44%. Looking back a year, Backed IBTA $ Treasury Bond 1-3yr has changed by 18.42 TREE. That means that in a single year, the value of Backed IBTA $ Treasury Bond 1-3yr has grown by 86.33%.
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)
Treehouse Market Stats
Treehouse Finance is a decentralized finance (DeFi) platform focused on creating a fixed income layer for digital assets. It aims to solve significant market inefficiencies in crypto fixed income by introducing benchmark interest rates and yield optimization tools, bridging traditional finance concepts with DeFi innovation. Its core offerings include Treehouse Assets (tAssets) and Decentralized Offered Rates (DOR), which unify fragmented interest rates across DeFi platforms and enable institutional-grade yield strategies.
Conversion tables
BIBTA to TREE values from Today at 10:45 pm
0.5 BIBTA = 67.34 TREE |
1 BIBTA = 134.68 TREE |
5 BIBTA = 673.42 TREE |
10 BIBTA = 1,346.83 TREE |
50 BIBTA = 6,734.16 TREE |
100 BIBTA = 13,468.33 TREE |
500 BIBTA = 67,341.63 TREE |
1,000 BIBTA = 134,683.26 TREE |
TREE to BIBTA values from Today at 10:44 pm
0.5 TREE = 0.003712 BIBTA |
1 TREE = 0.007425 BIBTA |
5 TREE = 0.03712 BIBTA |
10 TREE = 0.07425 BIBTA |
50 TREE = 0.3712 BIBTA |
100 TREE = 0.7425 BIBTA |
500 TREE = 3.71 BIBTA |
1,000 TREE = 7.42 BIBTA |
BIBTA to TREE over time
BIBTA | Today | 24H -12.91% | 1M -30.44% | 1Y 86.33% |
|---|---|---|---|---|
0.5 BIBTA | 67.34 TREE | 76.04 TREE | 87.84 TREE | 9.21 TREE |
1 BIBTA | 134.68 TREE | 152.08 TREE | 175.68 TREE | 18.42 TREE |
5 BIBTA | 673.42 TREE | 760.38 TREE | 878.38 TREE | 92.08 TREE |
10 BIBTA | 1,346.83 TREE | 1,520.76 TREE | 1,756.76 TREE | 184.17 TREE |
50 BIBTA | 6,734.16 TREE | 7,603.78 TREE | 8,783.82 TREE | 920.84 TREE |
100 BIBTA | 13,468.33 TREE | 15,207.56 TREE | 17,567.65 TREE | 1,841.68 TREE |
500 BIBTA | 67,341.63 TREE | 76,037.81 TREE | 87,838.24 TREE | 9,208.41 TREE |
1,000 BIBTA | 134,683.26 TREE | 152,075.62 TREE | 175,676.47 TREE | 18,416.82 TREE |
Buy Backed IBTA $ Treasury Bond 1-3yr with Coinbase
Create a Coinbase account to buy and sell Backed IBTA $ Treasury Bond 1-3yr on the most trusted crypto exchange. Learn more
Related conversions
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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.