Backed IBTA $ Treasury Bond 1-3yr (BIBTA)

The Backed IBTA $ Treasury Bond 1-3yr (ticker: BIBTA) is a tracker certificate issued as an ERC-20 token, which tracks the price of the iShares $ Treasury Bond 1-3yr UCITS ETF. It is a tokenized real-world asset offered to “Qualified Investors.” The token is backed by the underlying asset, making it 1:1 redeemable for its cash value. The token is freely transferable and composable with decentralized finance protocols, allowing users to put their stablecoins to work. The Backed IBTA $ Treasury Bond 1-3yr is part of Backed Finance’s suite of tokenized financial assets, which aim to revolutionize decentralized finance applications.

The Backed IBTA $ Treasury Bond 1-3yr is backed by a regulatory framework based on the Swiss DLT act. The underlying assets are held by third-party licensed custodians, ensuring their integrity. The token’s collateral reserves can be independently verified on-chain through the Proof of Reserves mechanism, powered by Chainlink’s decentralized network. This feature enhances transparency and trust for users. The token also benefits from internal and external oracles, including Chainlink price feeds, which provide verified price data on-chain, increasing its composability with other tokens.

Investors are encouraged to read the prospectus filed with the Liechtenstein FMA before making an investment decision to fully understand the risks and rewards associated with the Backed IBTA $ Treasury Bond 1-3yr. The token offers a convenient and secure way for qualified investors to access exposure to the iShares $ Treasury Bond 1-3yr UCITS ETF on the blockchain, enabling them to participate in the new age of decentralized finance applications.