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About BMMF and XTZ
Balsa MM Fund is climbing, while Tezos is falling this week. The current BMMF to XTZ conversion rate is 0.3677. Inversely, this means that if you convert 1 XTZ you will get 2.72 BMMF. The conversion rate of BMMF/XTZ has decreased by 1.25% in the last hour (XTZ/BMMF increased by 1.25%). In the last 24 hours, BMMF/XTZ grew by 0.18%, while XTZ/BMMF shrunk by the same amount.
The exchange rate of Balsa MM Fund is decreasing. The current value of 1 BMMF is 0.3677 XTZ. In other words, to buy 5 Balsa MM Fund, it would cost you 1.8386 XTZ. Inversely, 1 XTZ would allow you to trade for 2.72 BMMF while 50 XTZ would convert to 135.98 BMMF, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.69%. Meanwhile, in the last 24 hours, the rate has changed by 0.15%, and that the highest exchange rate of 1 BMMF to XTZ was 0.375 XTZ and the lowest 24 hour value was 1 BMMF for 0.3509 XTZ. Last month, 1 BMMF was worth 0.3884 XTZ. Today, it's down 5.61%. Looking back a year, Balsa MM Fund has changed by 0.4076 XTZ. That means that in a single year, the value of Balsa MM Fund has shrank by 10.86%.
Balsa MM Fund Market Stats
BMMF (Balsa Market Making Fund) is a tokenized market-making fund designed to provide investors with delta-neutral trading exposure through algorithmic strategies. Focused on arbitrage opportunities in the Turkish crypto market—particularly USDT/TRY FX spread arbitrage—BMMF leverages advanced trading models to ensure 24/7 liquidity and consistent returns with minimized risk. The fund capitalizes on inefficiencies between USD stablecoins (such as USDT) and USD/TRY FX rates, offering institutional-grade investment access with full transparency and security.
Tezos Market Stats
Tezos is a cryptocurrency and decentralized computing platform. Its features include proof of stake consensus, formal verification (which lets developers verify the correctness of their code), and the ability to let stakeholders vote on changes to the protocol. Tezos's block creation process is called "baking" — Tezos holders who stake their tokens can receive Tezos tokens as a reward for creating and verifying blocks.
Conversion tables
BMMF to XTZ values from Today at 4:07 pm
0.5 BMMF = 0.1839 XTZ |
1 BMMF = 0.3677 XTZ |
5 BMMF = 1.84 XTZ |
10 BMMF = 3.68 XTZ |
50 BMMF = 18.39 XTZ |
100 BMMF = 36.77 XTZ |
500 BMMF = 183.86 XTZ |
1,000 BMMF = 367.71 XTZ |
XTZ to BMMF values from Today at 4:04 pm
0.5 XTZ = 1.36 BMMF |
1 XTZ = 2.72 BMMF |
5 XTZ = 13.60 BMMF |
10 XTZ = 27.20 BMMF |
50 XTZ = 135.98 BMMF |
100 XTZ = 271.95 BMMF |
500 XTZ = 1,359.76 BMMF |
1,000 XTZ = 2,719.53 BMMF |
BMMF to XTZ over time
BMMF | Today | 24H -0.15% | 1M -5.61% | 1Y -10.86% |
|---|---|---|---|---|
0.5 BMMF | 0.1839 XTZ | 0.1841 XTZ | 0.1942 XTZ | 0.2038 XTZ |
1 BMMF | 0.3677 XTZ | 0.3683 XTZ | 0.3884 XTZ | 0.4076 XTZ |
5 BMMF | 1.84 XTZ | 1.84 XTZ | 1.94 XTZ | 2.04 XTZ |
10 BMMF | 3.68 XTZ | 3.68 XTZ | 3.88 XTZ | 4.08 XTZ |
50 BMMF | 18.39 XTZ | 18.41 XTZ | 19.42 XTZ | 20.38 XTZ |
100 BMMF | 36.77 XTZ | 36.83 XTZ | 38.84 XTZ | 40.76 XTZ |
500 BMMF | 183.86 XTZ | 184.14 XTZ | 194.18 XTZ | 203.82 XTZ |
1,000 BMMF | 367.71 XTZ | 368.27 XTZ | 388.35 XTZ | 407.64 XTZ |
Frequently asked questions
Right now, 1 Balsa MM Fund is worth about MX$1.41.
Based on the current rate, you could get 0.7085 BMMF for 1 MXN.
You can use our BMMF to MXN calculator at the top of this page to convert any amount of BMMF to MXN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MXN is equivalent to 3.54 BMMF. Inversely, 5 BMMF will cost about MX$7.06
Balsa MM Fund can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Balsa MM Fund.
There are a number of crypto assets that have the a similar or comparable market cap to Balsa MM Fund, including Parachute, BOMB, and GNY. For a more robust list of assets to explore, jump to the asset page dedicated to Balsa MM Fund.
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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.