Backed GOVIES 0-6 months EUROPrice(BC3M)
Details Backed GOVIES 0-6 months EURO (BC3M) Price information (USD)
The current real-time price of BC3M is $144.99. In the past 24 hours, BC3M has traded between $144.88 and $145.45, showing strong market activity. The all-time high of BC3M is $151.45, and the all-time low is $122.94.
From a short-term perspective, the price change of BC3M over the past 1 hour is
Backed GOVIES 0-6 months EURO (BC3M) Market Information
Backed GOVIES 0-6 months EURO (BC3M) Today's Price
The live price of BC3M today is $144.99, with a current market cap of $0. The 24-hour trading volume is --. The price of BC3M to USD is updated in real time.
Backed GOVIES 0-6 months EURO (BC3M) Price History (USD)
What is BACKED GOVIES 0-6 MONTHS EURO (BC3M)?
When is the right time to buy BC3M? Should I buy or sell BC3M now?
Before deciding whether to buy or sell BC3M, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s BC3M technical analysis can provide you with trading references.
Future price trend of BC3M
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for BC3M.
How much will BC3M be worth tomorrow, next week, or next month in ? What about your BC3M assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! BC3M Price Prediction
How to buy BACKED GOVIES 0-6 MONTHS EURO (BC3M)
Convert BC3M to local currency
BC3M Resources
To learn more about BC3M, consider exploring other resources such as the whitepaper, official website, and other published information:
Blockchain explorer
Hot Events
BACKED GOVIES 0-6 MONTHS EURO (BC3M) FAQ
What is Backed GOVIES 0-6 months EURO (bc3m), and what kind of asset does it represent?
bC3M is a tracker certificate issued as an ERC-20 token, operating on the Ethereum and other EVM-compatible networks. It represents a tokenized real-world asset, specifically designed to bridge traditional finance with the decentralized Web3 ecosystem. This token provides a blockchain-native form of ownership for its underlying asset, enabling digital transferability and integration within various decentralized applications.
What specific real-world asset does Backed GOVIES 0-6 months EURO (bc3m) track, and how is this reflected?
bC3M tracks the price and performance of the Amundi ETF GOVIES 0-6 Months EUROMTS Investment Grade UCITS ETF, which is identified by the ticker symbol C3M. This ETF serves as the direct real-world asset counterpart, establishing a transparent and established financial instrument for the token to reference. The token's value is directly correlated to the movements and performance of this underlying ETF.
What specific financial instruments is the underlying Amundi ETF (C3M) invested in, and what are their key characteristics?
The C3M ETF is primarily invested in short-term sovereign bonds, commonly known as Treasury Bills, issued by Eurozone states. These bonds are carefully selected to have maturities ranging from 0 to 6 months and must possess investment-grade credit ratings. The ETF's objective is to replicate the performance of the FTSE Eurozone Government Bill 0-6 Month Capped Index, providing exposure to highly liquid, low-risk government debt.
What are the primary advantages for eligible cryptocurrency market participants when holding Backed GOVIES 0-6 months EURO (bc3m)?
Holding bC3M offers eligible participants regulatory-compliant access to the performance of Eurozone Government bills. It integrates the stability and potential yield of traditional financial assets with the inherent benefits of blockchain technology, such as enhanced liquidity, transparency, fractional ownership, and 24/7 transferability across wallets. This effectively bridges the gap between conventional investment vehicles and the decentralized finance ecosystem.
How is Backed GOVIES 0-6 months EURO (bc3m) backed to ensure its value, and what security measures are in place for the underlying assets?
Backed tokens, including bC3M, are 1:1 backed by their respective underlying assets. These physical assets are securely held by reputable Swiss third-party custodians, ensuring their safety and segregation. Furthermore, the underlying assets are structured as bankruptcy-remote book-entry securities. This legal framework means they are protected from the insolvency of either the custodian or the issuer, adding a critical layer of security for all token holders.
Has Backed GOVIES 0-6 months EURO (bc3m) undergone any regulatory approval processes, and what does this signify for its operation?
Yes, bC3M's offering terms have successfully received approval from the Financial Market Authority Liechtenstein (FMA). Additionally, in Switzerland, it has been approved by BX Swiss AG, demonstrating compliance with the comprehensive Swiss DLT Act. These regulatory endorsements signify a strong commitment to legal adherence and provide a notable level of oversight and trustworthiness within the evolving landscape of digital assets.
