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cryptonews 2023-10-09 12:29:00

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

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