Backed HIGH € High Yield Corp Bond Price Statistics
Backed HIGH € High Yield Corp Bond Price
Backed HIGH € High Yield Corp Bond Price
6.47 $
24h Low / 24h High
24h Low / 24h High
6.46 $ / 6.5 $
All-Time High
All-Time High
6.55 $
-1.27%
30 September, 2024, (6 months ago)
All-Time Low
All-Time Low
5.29 $
22.35%
27 September, 2023, (a year ago)
Backed HIGH € High Yield Corp Bond Performance
Trading Pair
day
week
month
bhigh
/
usd
-0.35%
-0.31%
4.18%
bhigh
/
btc
0.82%
7.04%
21.35%
bhigh
/
eth
-1.54%
14.75%
42.95%
About Coin
What is the project about?
Backed brings real-world assets (RWAs) such as stocks or ETFs to blockchain rails. For example, our product bHIGH tracks the iShares € High Yield Corp Bond UCITS ETF, representing an index of Euro-denominated high yield corporate bonds.
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 https://www.backedassets.fi/legal-documentation (edited)
What is the highest value Backed HIGH € High Yield Corp Bond (BHIGH) has ever reached?
Backed HIGH € High Yield Corp Bond (BHIGH) reached its peak price at 6.55 $ on 30 September 2024, approximately 6 months ago ago. Presently, the current price is -1.22% lower than this all-time high.
What is the historical minimum price for Backed HIGH € High Yield Corp Bond (BHIGH)?
The minimum price reached for Backed HIGH € High Yield Corp Bond (BHIGH) was 5.29 $, documented on 27 September 2023, more than a year ago. In comparison, the current price is 22.3%, it above this historical low.
How to add Backed HIGH € High Yield Corp Bond (BHIGH) to MetaMask?
By integrating Backed HIGH € High Yield Corp Bond (BHIGH) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import BHIGH as a token. You can either manually import BHIGH by copying its contract address (0x20c64dee8fda5269a78f2d5bdba861ca1d83df7a) or use MetaMask's Chrome extension to add BHIGH with a single click through P.CASH.
How to add Backed HIGH € High Yield Corp Bond (BHIGH) to TrustWallet?
Incorporating Backed HIGH € High Yield Corp Bond (BHIGH) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include BHIGH, you can either manually import it using the contract address (0x20c64dee8fda5269a78f2d5bdba861ca1d83df7a) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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