What is Backed Coinbase Global (BCOIN)?
What is the project about? Backed brings real-world assets (RWAs) such as stocks or ETFs to blockchain rails. For example, our product bCOIN is a tracker certificate issued as an ERC-20 token. bCOIN tracks the price of Coinbase Global Inc. and it is designed to give eligible cryptocurrency market participants regulatory-compliant access to the stock price of Coinbase. What makes your project unique? Backed issues permissionless tokens (bTokens) that represent ownership of structured products.
How does Backed Coinbase Global work?
Backed tokens are 1:1 backed by the underlying assets, held by Swiss third-party custodians, and are bankruptcy remote book-entry securities. History of your project. Backed was incorporated in 2021 in Switzerland due to the regulatory clarity the Swiss DLT Act provided to the project. Backed released its first tokenized product on Ethereum in early Q1 2023. Backed now supports issuance and redemption on many different blockchains. What’s next for your project? Backed is working to create the standard for tokenization with a network of protocols benefitting from RWAs on-chain.
What is Backed Coinbase Global used for?
What can your token be used for? Backed enables clients to access sustainable, low-risk yields while keeping their funds entirely on-chain. There is no need to go through TradFi onboarding processes or off-ramp crypto to fiat. bTokens are utilized by the likes of Gnosis, Angle Protocol, Ribbon Finance, Aragon, and Blueberry to name a few. Disclaimer: bC3 is not licensed by or affiliated to Coinbase Global Inc., and it bears no responsibility to it. Backed DOES NOT sell its tokens to U.S. Persons or for the account or benefit of U.S.
Where can you buy Backed Coinbase Global?
Backed Coinbase Global (BCOIN) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for BCOIN sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting BCOIN, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of Backed Coinbase Global (BCOIN)?
The reported 24-hour trading volume of Backed Coinbase Global is $93.49. Volume is a live reading of how much BCOIN changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for Backed Coinbase Global (BCOIN)?
Backed Coinbase Global reached an all-time high of $419.78 on July 19, 2025, and an all-time low of $70.78 on October 30, 2023. It is currently trading -49.78% from its peak and +197.82% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where BCOIN sits in its long-run price range.
What is the market cap of Backed Coinbase Global (BCOIN)?
Backed Coinbase Global's market capitalization is currently $8.93M, and it is ranked #1326 by market cap on Cryptopricing. Market cap is calculated as the current price multiplied by the circulating supply (42.36 thousand BCOIN are actively circulating today).
Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.
What is the fully diluted valuation of Backed Coinbase Global (BCOIN)?
The fully diluted valuation (FDV) of Backed Coinbase Global is $8.93M. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.
FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.
How does the price performance of Backed Coinbase Global compare against its peers?
Over the past 24 hours, Backed Coinbase Global has moved -1.17%. Over the past seven days, the change is +4.75%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether BCOIN is leading, lagging or tracking the broader market.
For deeper analysis, the categories strip on the home page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare Backed Coinbase Global against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.
How to store Backed Coinbase Global?
Like any crypto asset, the right way to store BCOIN depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.
For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.
