Backed GOVIES 0-6 months EURO

Backed GOVIES 0-6 months EURO

BC3M

$144.25

Current Price

+0.18%

24h Change

Info

BC3M

Symbol

$9.87M

Fully Diluted Valuation

$9.87M

Market Cap

178

Market Rank

68.43K

Total Supply

N/A

Total Volume

$144.44

24h High

$143.81

24h Low

About Backed GOVIES 0-6 months EURO

Backed GOVIES 0-6 months EURO (bc3m) is an innovative token designed to bring real-world assets, such as stocks or ETFs, onto blockchain platforms. This ERC-20 token functions as a tracker certificate, mirroring the performance of the AMUNDI ETF GOVIES 0-6 MONTHS EUROMTS INVESTMENT GRADE UCITS ETF. By leveraging the security and transparency of blockchain technology, bc3m offers a seamless bridge to traditional financial instruments, providing users access to sustainable, low-risk yields without the complexities of traditional finance onboarding or the need to convert cryptocurrencies to fiat. The bc3m token is underpinned by robust technological features, including its issuance as a permissionless bToken that represents direct ownership of structured products. These tokens are 1:1 backed by their underlying assets, safeguarded by Swiss third-party custodians, ensuring their security and integrity. Incorporated in Switzerland in 2021, Backed has positioned itself as a leader in the tokenization of real-world assets, with bc3m forming part of a broader ecosystem that includes integration with DeFi platforms such as Gnosis, Angle Protocol, and Ribbon Finance. This strategic positioning highlights its commitment to establishing a comprehensive standard for on-chain asset tokenization.

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FAQ

Information on this page is provided for informational purposes only and does not constitute investment advice. This is not a recommendation to buy or sell any digital asset or to employ any particular investment strategy. Backpack makes no representation as to the accuracy, suitability, or validity of the information provided.

Certain content is sourced from third parties not affiliated with Backpack. Backpack is not responsible for such content, nor is it liable for any errors, delays, or actions taken in reliance on it. Prices and data are for illustrative purposes only and may differ from actual market values. Digital assets involve significant risk and can fluctuate substantially. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition, and consult your own professional advisors for legal, tax, or investment guidance.

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