• Coins 17 046
  • Exchanges 1 272
  • Market Capitalization $3 449 246 364 600
  • 24h Trading Volume $122 993 764 946
  • Dominance BTC 59.73% ETH 9.10%

Alibaba Group Holding (Backpack Securities) (baba) Live Chart

Crypto Rank Name Current Price 24h Price Change Total Supply Circulating Supply
5127
BABA
Alibaba Group Holding (Backpack Securities) logo Alibaba Group Holding (Backpack Securities) BABA
$ 111.55 0.00% 937 937 X-Ray

Alibaba Group Holding (Backpack Securities) (baba)

Alibaba Group Holding (Backpack Securities) is a digital representation of private equity, specifically designed to bridge the gap between traditional financial markets and the on-chain ecosystem. Unlike synthetic derivatives or perpetual contracts that merely track price movements through oracles, BABA represents a tangible claim on the underlying asset. The project is part of the emerging sector of Real World Assets (RWA), which focuses on digitizing physical or financial instruments to improve liquidity and accessibility.

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