Backed IB01 $ Treasury Bond 0-1yr

Key facts

Yield / return

T-bill level

Risk

Low

Minimum

From token price on DEX

Liquidity

Primary on business days; 24/7 on DEXs (thin)

Custody

Self-custody

KYC

Required for primary market

Details

Issuer

Backed Finance

Type

Tokenized Treasury ETF

Category

Tokenized Treasuries

Pillar

Fixed Income

Tracks

IB01.L

Underlying ISIN

IE00BGSF1X88

Token ISIN

CH1173294260

Yield source

Short-term US Treasuries (via ETF)

Network

Ethereum / Arbitrum (+4)

Jurisdiction

Switzerland (non-US)

AUM

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What you actually own

Backed / xStocks · Synthetic tracker

A certificate that tracks the price

Dividends

Reinvested, not paid out

"Dividend payouts will be automatically reinvested into more of the same token" — no cash reaches the holder.

Voting rights

No

Corporate actions

Not confirmed

Redemption

Not confirmed

Backed describes redemption for onboarded, KYC-verified investors; we have not verified the terms for retail holders.

If the issuer fails

A claim on the issuer

Transfer

Freely transferable

Issuing entity

Backed Assets (JE) Limited

Jersey

Kraken's own terms, quoted: holders "do not have ownership in any of the underlying stock or shares of the companies" and have "no voting rights, or distribution entitlements, or legal claims to the underlying stocks". This is the reason the programme sits outside the SEC's Innovation Exemption, which requires the same rights as the share.

Who it is aimed at

Target / Area

Retail (EU)

Where it trades: Kraken, Bybit, Solana DEXs

Who may buy is set by the issuer — check their terms (issuer documentation).