Switzerland-based blockchain protocol Backed Finance has launched the first-ever tokenized government bond on the Base network. Culled from BlackRock's iShares bond exchange-traded fund (ETF) UCITS, this financial instrument will be identified by the ticker symbol blB01. It represents a tokenized short-term US Treasury bond ETF, allowing investors to monitor the underlying asset's value without the need for direct exposure to it....
Backed Finance Rolls Out Crypto-Backed BlackRock ETF on Base Protocol
Crypto News - 6 Oct 2023 22:50
Switzerland-based blockchain protocol Backed Finance has launched the first-ever tokenized government bond on the Base network. Culled from BlackRock's iShares bond exchange-traded fund (ETF) UCITS, this financial instrument will be identified by the ticker symbol blB01. It represents a tokenized short-term US Treasury bond ETF, allowing investors to monitor the underlying asset's value without the need for direct exposure to it....
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