Convert Backed IBTA $ Treasury Bond 1-3yr BIBTA to Treehouse TREE

BIBTA to TREE: 1 Backed IBTA $ Treasury Bond 1-3yr converts to 129.08 TREE

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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 129.08. Inversely, this means that if you convert 1 TREE you will get 0.007747 BIBTA. The conversion rate of BIBTA/TREE has decreased by 1.58% in the last hour (TREE/BIBTA increased by 1.58%). In the last 24 hours, BIBTA/TREE shrunk by 10.87%, 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 129.08 TREE. In other words, to buy 5 Backed IBTA $ Treasury Bond 1-3yr, it would cost you 645.38 TREE. Inversely, 1 TREE would allow you to trade for 0.007747 BIBTA while 50 TREE would convert to 0.3874 BIBTA, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 9.5%. Meanwhile, in the last 24 hours, the rate has changed by 7.96%, and that the highest exchange rate of 1 BIBTA to TREE was 142.14 TREE and the lowest 24 hour value was 1 BIBTA for 125.22 TREE. Last month, 1 BIBTA was worth 172.63 TREE. Today, it's down 33.74%. Looking back a year, Backed IBTA $ Treasury Bond 1-3yr has changed by 15.20 TREE. That means that in a single year, the value of Backed IBTA $ Treasury Bond 1-3yr has grown by 88.22%.

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)

€5.13Price
€2.12MMarket cap
€0Volume (24h)
414K BIBTACir. Supply

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.

€0.03976Price
€6.33MMarket cap
€28.4MVolume (24h)
156.1M TREECir. Supply

Conversion tables

BIBTA to TREE values from Today at 8:14 am

0.5 BIBTA = 64.54 TREE
1 BIBTA = 129.08 TREE
5 BIBTA = 645.38 TREE
10 BIBTA = 1,290.76 TREE
50 BIBTA = 6,453.82 TREE
100 BIBTA = 12,907.63 TREE
500 BIBTA = 64,538.16 TREE
1,000 BIBTA = 129,076.32 TREE

TREE to BIBTA values from Today at 8:14 am

0.5 TREE = 0.003874 BIBTA
1 TREE = 0.007747 BIBTA
5 TREE = 0.03874 BIBTA
10 TREE = 0.07747 BIBTA
50 TREE = 0.3874 BIBTA
100 TREE = 0.7747 BIBTA
500 TREE = 3.87 BIBTA
1,000 TREE = 7.75 BIBTA

BIBTA to TREE over time

BIBTA
Today
24H
-7.96%
1M
-33.74%
1Y
88.22%
0.5 BIBTA
64.54 TREE
69.67 TREE
86.32 TREE
7.60 TREE
1 BIBTA
129.08 TREE
139.35 TREE
172.63 TREE
15.20 TREE
5 BIBTA
645.38 TREE
696.75 TREE
863.15 TREE
76.02 TREE
10 BIBTA
1,290.76 TREE
1,393.49 TREE
1,726.30 TREE
152.03 TREE
50 BIBTA
6,453.82 TREE
6,967.46 TREE
8,631.50 TREE
760.16 TREE
100 BIBTA
12,907.63 TREE
13,934.93 TREE
17,263.01 TREE
1,520.31 TREE
500 BIBTA
64,538.16 TREE
69,674.63 TREE
86,315.03 TREE
7,601.56 TREE
1,000 BIBTA
129,076.32 TREE
139,349.25 TREE
172,630.06 TREE
15,203.13 TREE

Frequently asked questions

Right now, 1 Backed IBTA $ Treasury Bond 1-3yr is worth about €5.13.

Based on the current rate, you could get 0.1949 BIBTA for 1 EUR.

You can use our BIBTA to EUR calculator at the top of this page to convert any amount of BIBTA to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 0.9744 BIBTA. Inversely, 5 BIBTA will cost about €25.66

Backed IBTA $ Treasury Bond 1-3yr can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Backed IBTA $ Treasury Bond 1-3yr.

There are a number of crypto assets that have the a similar or comparable market cap to Backed IBTA $ Treasury Bond 1-3yr, including Aave, Cindicator, and Nitro Network. For a more robust list of assets to explore, jump to the asset page dedicated to Backed IBTA $ Treasury Bond 1-3yr.

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