Ethereum
Gnosis
Base
bIB01 is a fully collateralized tracker certificate issued under the Swiss DLT Act, tracking the iShares $ Treasury Bond 0-1yr UCITS ETF. Each token is backed 1:1 by the underlying ETF held with regulated custodians, freely transferable on-chain between non-US persons.
Swiss-law tracker certificate on the iShares $ Treasury Bond 0-1yr ETF.
Prism analyst note
bIB01 offers the simplest legal story in tokenized fixed income: a Swiss tracker certificate collateralized 1:1 by the actual iShares ETF. Free secondary transferability (no per-transfer whitelist) makes it popular as DeFi collateral in EU-facing protocols. Liquidity is moderate; large redemptions route through the primary process. Effectively a money-market-duration ETF with T+0 settlement.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
Structure & compliance
- Underlying
- iShares $ Treasury Bond 0-1yr UCITS ETF (IB01)
- Legal structure
- Tracker certificate under Swiss DLT Act (Backed Assets GmbH)
- Jurisdiction
- Switzerland / Jersey
- Custodian
- Regulated Swiss/EU custodians (1:1 underlying)
- Administrator
- Backed Finance AG
- Oracle / NAV source
- Chainlink (bIB01/USD reserve & price feeds)
- Reserve information
- 1:1 collateralization with underlying ETF; holdings verifiable via custodian statements and Chainlink proof-of-reserve.
- Transfer restrictions
- Freely transferable ERC-20 outside the US; primary issuance KYC-gated to professional investors.
- Investor eligibility
- Non-US persons (Reg S)
- KYC required
- Yes
Reserve verification
Contracts & on-chain data
Addresses shown only where independently confirmed against explorers and issuer documentation. Holder and transfer analytics are available via the linked explorers. 1.5K+
Documents & disclosures
Frequently asked
Do I hold the ETF directly?+
No. You hold a certificate collateralized 1:1 by the ETF, with a claim on the collateral under Swiss law.
