Backed GOVIES 0-6 months EUROPrice

(BC3M)

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.

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.

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.

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.

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.

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.