Convert Balsa MM Fund BMMF to Japanese Yen JPY
BMMF to JPY: 1 Balsa MM Fund converts to ¥11.91 JPY as of November 19 at 7:50 AM
About Balsa MM Fund
Balsa MM Fund is climbing this week. The current price of Balsa MM Fund is ¥11.91 per BMMF. With a circulating supply of 51,601,039.59 BMMF, it means that Balsa MM Fund has a total market cap of ¥615,200,957.10. The amount of Balsa MM Fund traded has fallen by -¥19,870 in the last 24 hours, which is a 98.32% decrease. Additionally, in the last day, ¥20,210 worth of BMMF has been traded.
The exchange rate of Balsa MM Fund is increasing. The current value of 1 BMMF is ¥11.91 JPY. In other words, to buy 5 Balsa MM Fund, it would cost you ¥59.54 JPY. Inversely, ¥1 JPY would allow you to trade for 0.0840 BMMF while ¥50 JPY would convert to 4.20 BMMF, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.99%. Meanwhile, in the last 24 hours, the rate has changed by 0.57%, which means that the highest exchange rate of 1 BMMF to JPY was ¥11.91 JPY and the lowest 24 hour value was 1 BMMF for ¥11.80 JPY. Last month, 1 BMMF was worth ¥11.19 JPY. Today, it's up 3.11%. Looking back a year, Balsa MM Fund has changed by ¥0.00 JPY. That means that in a single year, the value of Balsa MM Fund has grown by 10.9%.
Balsa MM Fund Market Stats
BMMF (Balsa Market Making Fund) is a tokenized market-making fund designed to provide investors with delta-neutral trading exposure through algorithmic strategies. Focused on arbitrage opportunities in the Turkish crypto market—particularly USDT/TRY FX spread arbitrage—BMMF leverages advanced trading models to ensure 24/7 liquidity and consistent returns with minimized risk. The fund capitalizes on inefficiencies between USD stablecoins (such as USDT) and USD/TRY FX rates, offering institutional-grade investment access with full transparency and security.