Backed Zillow Tracker
- Value issued
- $30.5M
- 18D change
- 0.0%
- Yield
- None
- NAV
- 200.5000
- Management fees
- 0.20%
- Minimum
- $100
- Redemption
- Daily
- Launched
- 01 Jun 2024
What this product is
Swiss DLT Act compliant tracker certificate issued by Backed Finance providing institutional on-chain exposure to Zillow common shares.
- Underlying asset
- 1:1 collateralized custody certificate tracking Zillow common equity backed by shares in bank custody
- Asset class
- Equity
- Product structure
- SPV-Backed Security
- Legal structure
- BVI Professional Fund
- Issuer jurisdiction
Switzerland- Fund domicile
- Switzerland
- Base currency
- USD
- Launched
- 01 Jun 2024
Comparable products
Products in the same asset class and currency. Yields are quoted on different bases, so check each one before comparing.
Who runs it
SwitzerlandA Swiss-based company that issues fully backed tokenized real-world assets like bIB01.
Composition
- Zillow Common Stock100.0%
On-chain history begins 26 Oct 2026 and covers 18 days of readings.
Assets under management
Yield history. No yield
NAV per token
Recent daily movement
| Direction | ||||
|---|---|---|---|---|
| 12 Nov 2026 | $30.5M | $0 | 0.0% | |
| 11 Nov 2026 | $30.5M | $0 | 0.0% | |
| 10 Nov 2026 | $30.5M | $0 | 0.0% | |
| 09 Nov 2026 | $30.5M | $0 | 0.0% | |
| 08 Nov 2026 | $30.5M | $0 | 0.0% | |
| 07 Nov 2026 | $30.5M | $0 | 0.0% | |
| 06 Nov 2026 | $30.5M | $0 | 0.0% | |
| 05 Nov 2026 | $30.5M | $0 | 0.0% | |
| 04 Nov 2026 | $30.5M | $0 | 0.0% | |
| 03 Nov 2026 | $30.5M | $0 | 0.0% |
Underlying portfolio
| Share | ||||
|---|---|---|---|---|
| Zillow Common Stock | - | 100.0% |
What you actually own
Economic exposure is to 1:1 collateralized custody certificate tracking zillow common equity backed by shares in bank custody. Weighted average maturity is 365 days, which sets how quickly the portfolio reprices as rates move.
- 100.0%
Contractual terms
- Redemption frequency
- Daily
- Dealing cut-off
- 16:00 CET
- Settlement
- T+2
- Redemption fee
- 0.15%
- Secondary venues
- Uniswap v3, CowSwap, 1inch
- Transfer restrictions
- Freely transferable on Ethereum for non-US eligible participants
These are contractual terms from the offering documents. Observed settlement performance and any discretionary accommodation by the manager are explicitly out of scope.
Liquidity profile
Operational dependency network
Every firm and system this product relies on. Select any of them to open its profile.
Every counterparty and system this product depends on to function. Each card links to that entity's own profile: the question worth asking of each is what happens to your position if it stops working.
Open in Ecosystem Graph →Issuance & legal
Who is legally on the hook for this product.Custody
Where the backing assets actually sit.Markets & settlement
Where it trades and how value moves between venues and chains.
Edges marked derived are inferred from a structured field on this product that carries its own source; they are not independent confirmation of it. Edges without that mark were sourced separately from a disclosure naming both parties.
Networks and contracts
| Contract / asset id | |||
|---|---|---|---|
| EthereumPrimary | public l1 | 0xc9d5a32c01…f98b16cc | 100.0% |
Service providers
If any of these has a problem, this product is affected.
- Custodian
- Backed· Switzerland
- Administrator
- Backed· Switzerland
- Transfer agent
- Not disclosed
- Tokenization platform
- Backed· Switzerland
- Oracle / attestation
- Not disclosed
Who may hold this
- Minimum investment
- $100
- Allow-list required
- No
- Transfer restrictions
- Freely transferable on Ethereum for non-US eligible participants
Where it is available
United StatesNot available
European UnionNot available
SingaporeAvailable
United KingdomNot availableSwitzerlandAvailable
Hong Kong SARNot available
United Arab EmiratesAvailable- −United States
Availability is limited to the jurisdictions in the coverage boundary. Absence here means not covered, not necessarily prohibited. This is a classification of the offering documents, not legal advice.
Legal and regulatory
- Legal structure
- BVI Professional Fund
- Product structure
- SPV-Backed Security
- Fund domicile
- Switzerland
- Issuer jurisdiction
- Switzerland
- Transfer agent
- Not disclosed
The domicile of the fund and the jurisdiction of its manager are frequently different. Both are recorded separately because they drive different questions: tax and insolvency follow the domicile, supervision follows the manager.
Offering documentation
The documents behind the figures on this page. Anything marked verified has been checked by an analyst.
Daily value outstanding
Value outstanding as read from the token contracts each day, and the movement between readings. Mints and redemptions are not separable on-chain, so this is the net of both, not gross issuance.
| Direction | ||||
|---|---|---|---|---|
| 12 Nov 2026 | $30.5M | $0 | 0.0% | |
| 11 Nov 2026 | $30.5M | $0 | 0.0% | |
| 10 Nov 2026 | $30.5M | $0 | 0.0% | |
| 09 Nov 2026 | $30.5M | $0 | 0.0% | |
| 08 Nov 2026 | $30.5M | $0 | 0.0% | |
| 07 Nov 2026 | $30.5M | $0 | 0.0% | |
| 06 Nov 2026 | $30.5M | $0 | 0.0% | |
| 05 Nov 2026 | $30.5M | $0 | 0.0% | |
| 04 Nov 2026 | $30.5M | $0 | 0.0% | |
| 03 Nov 2026 | $30.5M | $0 | 0.0% | |
| 02 Nov 2026 | $30.5M | $0 | 0.0% | |
| 01 Nov 2026 | $30.5M | $0 | 0.0% | |
| 31 Oct 2026 | $30.5M | $0 | 0.0% | |
| 30 Oct 2026 | $30.5M | $0 | 0.0% | |
| 29 Oct 2026 | $30.5M | $0 | 0.0% | |
| 28 Oct 2026 | $30.5M | $0 | 0.0% | |
| 27 Oct 2026 | $30.5M | $0 | 0.0% | |
| 26 Oct 2026 | $30.5M | - | - |