Backed Launches bIB01: A Tokenized Security Tracking US Treasury Bonds on the Blockchain

By CryptoNews - 7 months ago - Reading Time: 1 minutes

Backed Launches bIB01: A Tokenized Security Tracking US Treasury Bonds on the Blockchain

Swiss-based real-world asset tokenizer Backed has introduced its latest tokenized security product, bIB01, on the Base blockchain, Coinbase's Layer 2 (L2) network.
The new tokenized security closely mirrors the performance of a short-term US treasury bond exchange-traded fund (ETF), offering investors a digital way to engage with traditional financial assets, Backed said in an announcement....
Read More: Backed Launches bIB01: A Tokenized Security Tracking US Treasury Bonds on the Blockchain

Original source: CryptoNews