Convert Collaterize COLLAT to Mexican Peso MXN

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About Collaterize

Collaterize is falling this week. The current price of Collaterize is MX$0.01678 per COLLAT. With a circulating supply of 999,906,490.637 COLLAT, it means that Collaterize has a total market cap of MX$16,484,429.79. The amount of Collaterize traded has fallen by -MX$1,941,722.45 in the last 24 hours, which is a 24.83% decrease. Additionally, in the last day, MX$7,820,920.61 worth of COLLAT has been traded.

The exchange rate of Collaterize is decreasing. The current value of 1 COLLAT is MX$0.01678 MXN. In other words, to buy 5 Collaterize, it would cost you MX$0.08389 MXN. Inversely, MX$1.00 MXN would allow you to trade for 59.60 COLLAT while MX$50.00 MXN would convert to 2,980.15 COLLAT, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 1.86%. Meanwhile, in the last 24 hours, the rate has changed by 18.09%, which means that the highest exchange rate of 1 COLLAT to MXN was MX$0.02069 MXN and the lowest 24 hour value was 1 COLLAT for MX$0.01612 MXN. Last month, 1 COLLAT was worth MX$0.03859 MXN. Today, it's down 56.85%. Looking back a year, Collaterize has changed by MX$0.4871 MXN. That means that in a single year, the value of Collaterize has shrank by 96.24%.

Collaterize Market Stats

What Is Collaterize ($COLLAT)? Collaterize is a platform focused on the tokenization of real-world assets (RWA) that integrates three primary components: a mobile application, a custom Layer 1 (L1) solution, and a Solana-based token. The project aims to provide an accessible, secure, and efficient method for converting tangible assets into digital tokens while democratizing tokenization and creating an inclusive financial ecosystem accessible even to users without prior blockchain knowledge. Platform Components and Functionality Collaterize App: The Collaterize mobile application serves as the primary interface for users. It allows asset owners to initiate the tokenization process, manage their digital assets, and track transactions in real time. The app is designed with usability in mind, ensuring that both individuals and institutions can navigate the tokenization process with ease, regardless of their technical background. Collaterize L1: In addition to the mobile application, Collaterize has developed its own Layer 1 solution. This custom-built L1 is specifically engineered to handle the requirements of asset tokenization, including secure recording and verification of asset data. By isolating the tokenization process from other blockchain operations, the L1 improves overall efficiency and security. It is an integral part of the platform, ensuring that tokenized assets are managed in a controlled environment. Solana Token ($COLLAT): The token $COLLAT is deployed on the Solana blockchain. Solana was chosen for its low transaction fees and high-speed processing capabilities. The $COLLAT token is an essential element of the platform, linking the mobile app and the L1 solution through cross-chain mechanics. User Benefits This cross-chain approach provides users with several distinct benefits: Early Access to RWA Presales: Holders of $COLLAT gain early access to presale events for tokenized real-world assets. This benefit provides the opportunity to participate in asset tokenization before it becomes widely available. Lower Transaction Fees on RWA Services: Users interacting with the Collaterize platform benefit from reduced fees when dealing with tokenized assets. This cost efficiency is designed to encourage greater user engagement and broader adoption of the platform. Boosted RWA APY: The platform offers enhanced annual percentage yields (APY) for investments in tokenized assets. This incentive is structured to reward active participation within the ecosystem. Governance and Community Involvement Collaterize emphasizes a community-driven approach. The platform provides a governance framework in which $COLLAT token holders can vote on proposals that affect future platform developments and protocol upgrades. This governance structure is intended to ensure that the direction of the project reflects the interests of its community. Project Overview Launched by a team based in France, Collaterize combines traditional asset management with modern blockchain technology. The project aims to bridge the gap between physical assets and digital finance by providing a structured, transparent, and secure process for asset tokenization. At its core, Collaterize seeks to democratize tokenization and build an inclusive financial system that is accessible to everyone, regardless of their expertise in blockchain technology.

MX$0.01678Price
MX$16.48MMarket cap
MX$7.82MVolume (24h)
999.9M COLLATCir. Supply

Conversion tables

COLLAT to MXN values from Today at 9:22 pm

0.5 COLLAT = MX$0.008389 MXN
1 COLLAT = MX$0.01678 MXN
5 COLLAT = MX$0.08389 MXN
10 COLLAT = MX$0.1678 MXN
50 COLLAT = MX$0.8389 MXN
100 COLLAT = MX$1.68 MXN
500 COLLAT = MX$8.39 MXN
1,000 COLLAT = MX$16.78 MXN

MXN to COLLAT values from Today at

MX$0.50 MXN = 29.80 COLLAT
MX$1.00 MXN = 59.60 COLLAT
MX$5.00 MXN = 298.02 COLLAT
MX$10.00 MXN = 596.03 COLLAT
MX$50.00 MXN = 2,980.15 COLLAT
MX$100.00 MXN = 5,960.31 COLLAT
MX$500.00 MXN = 29,801.54 COLLAT
MX$1,000.00 MXN = 59,603.09 COLLAT

COLLAT to MXN over time

COLLAT
Today
24H
-20.96%
1M
-130.01%
1Y
-2,803.25%
0.5 COLLAT
MX$0.008389 MXN
MX$0.01015 MXN
MX$0.0193 MXN
MX$0.2435 MXN
1 COLLAT
MX$0.01678 MXN
MX$0.02029 MXN
MX$0.03859 MXN
MX$0.4871 MXN
5 COLLAT
MX$0.08389 MXN
MX$0.1015 MXN
MX$0.193 MXN
MX$2.44 MXN
10 COLLAT
MX$0.1678 MXN
MX$0.2029 MXN
MX$0.3859 MXN
MX$4.87 MXN
50 COLLAT
MX$0.8389 MXN
MX$1.01 MXN
MX$1.93 MXN
MX$24.35 MXN
100 COLLAT
MX$1.68 MXN
MX$2.03 MXN
MX$3.86 MXN
MX$48.71 MXN
500 COLLAT
MX$8.39 MXN
MX$10.15 MXN
MX$19.30 MXN
MX$243.55 MXN
1,000 COLLAT
MX$16.78 MXN
MX$20.29 MXN
MX$38.59 MXN
MX$487.10 MXN

Frequently asked questions

Right now, 1 Collaterize is worth about MX$0.01678.

Based on the current rate, you could get 59.60 COLLAT for 1 MXN.

Collaterize price has been declining. Since yesterday, the exchange rate of Collaterize has decreased. Since last month, the exchange rate of Collaterize has decreased. Since this time last year, the price of Collaterize has decreased.

You can use our COLLAT to MXN calculator at the top of this page to convert any amount of COLLAT to MXN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MXN is equivalent to 298.02 COLLAT. Inversely, 5 COLLAT will cost about MX$0.08389

Collaterize can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Collaterize.

There are a number of crypto assets that have the a similar or comparable market cap to Collaterize, including OtterHome, AlgosOne, and Milady Cult Coin. For a more robust list of assets to explore, jump to the asset page dedicated to Collaterize.

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