Backed IB01 $ Treasury Bond 0-1yr (BIB01)

The Backed IB01 $ Treasury Bond 0-1yr (ticker: BIB01) is a tokenized tracker certificate that represents the price of the iShares $ Treasury Bond 0-1yr UCITS ETF. It is issued as an ERC-20 token by Backed Finance AG and its subsidiary Backed Assets GmbH. Please note that Backed Finance and Backed Assets are not affiliates of or licensed by BlackRock Inc. or any of its affiliates.

Each BIB01 token is backed by the underlying asset on a 1:1 basis, providing investors with exposure to the performance of the iShares $ Treasury Bond 0-1yr UCITS ETF. The token can be freely transferred and is composable with decentralized finance (DeFi) protocols. It is built for decentralization and operates on a compliant regulatory framework based on the Swiss DLT Act.

Investors in the BIB01 token can benefit from the stability of the underlying asset and the transparency provided by proof of reserves. The asset integrity of the token is reinforced through Chainlink’s decentralized network, which enables users to verify the collateral reserves on-chain independently. Additionally, the token’s price data is available through internal and external Chainlink oracles, enhancing its composability with other tokens and DeFi applications.