🚀Swiss firm Backed Finance brings tokenized short-term U.S. Treasury to Coinbase's Base blockchain!💥 It's the first real-world asset token on Base, which also hosts social tokenization platform Friend.Tech.
🔒Issued under Swiss law, bIB01 crypto token is a blockchain version of BlackRock's ETF, offering 5.25% annual yield. Available to qualified investors & licensed distributors who pass KYC & AML checks (U.S. investors/entities restricted).
🌐Tokenization of real-world assets is a hot trend in 2021, with the market potentially reaching $16T by 2030! U.S. Treasuries are a gateway for tokenization efforts, as they offer high yield & low risk.
🤔What other real-world assets would you like to see tokenized? Share your thoughts below!👇