Get up to $200 for getting started
Coinbase Logo

Language and region

Convert Collaterize COLLAT to Japanese Yen JPY

COLLAT to JPY: 1 Collaterize converts to ¥3.34 JPY as of June 15 at 9:09 AM

¥

About Collaterize

Collaterize is falling this week. The current price of Collaterize is ¥3.34 per COLLAT. With a circulating supply of 999,927,149.028 COLLAT, it means that Collaterize has a total market cap of ¥3,345,775,458.26. The amount of Collaterize traded has fallen by -¥34,788,662 in the last 24 hours, which is a 9.79% decrease. Additionally, in the last day, ¥355,253,842 worth of COLLAT has been traded.

The exchange rate of Collaterize is decreasing. The current value of 1 COLLAT is ¥3.34 JPY. In other words, to buy 5 Collaterize, it would cost you ¥16.71 JPY. Inversely, ¥1 JPY would allow you to trade for 0.30 COLLAT while ¥50 JPY would convert to 14.96 COLLAT, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 37.16%. Meanwhile, in the last 24 hours, the rate has changed by 3.55%, and that the highest exchange rate of 1 COLLAT to was ¥3.51 and the lowest 24 hour value was 1 COLLAT for ¥3.15 . Last month, 1 COLLAT was worth ¥2.75 . Today, it's up 23.14%. Looking back a year, Collaterize has changed by ¥0.62 . That means that in a single year, the value of Collaterize has grown by 482.27%.

Collaterize Market Stats

What Is Collaterize ($COLLAT)? Collaterize is a platform focused on the tokenization of real-world assets (RWA) that integrates three primary components: a mobile application, a custom Layer 1 (L1) solution, and a Solana-based token. The project aims to provide an accessible, secure, and efficient method for converting tangible assets into digital tokens while democratizing tokenization and creating an inclusive financial ecosystem accessible even to users without prior blockchain knowledge. Platform Components and Functionality Collaterize App: The Collaterize mobile application serves as the primary interface for users. It allows asset owners to initiate the tokenization process, manage their digital assets, and track transactions in real time. The app is designed with usability in mind, ensuring that both individuals and institutions can navigate the tokenization process with ease, regardless of their technical background. Collaterize L1: In addition to the mobile application, Collaterize has developed its own Layer 1 solution. This custom-built L1 is specifically engineered to handle the requirements of asset tokenization, including secure recording and verification of asset data. By isolating the tokenization process from other blockchain operations, the L1 improves overall efficiency and security. It is an integral part of the platform, ensuring that tokenized assets are managed in a controlled environment. Solana Token ($COLLAT): The token $COLLAT is deployed on the Solana blockchain. Solana was chosen for its low transaction fees and high-speed processing capabilities. The $COLLAT token is an essential element of the platform, linking the mobile app and the L1 solution through cross-chain mechanics. User Benefits This cross-chain approach provides users with several distinct benefits: Early Access to RWA Presales: Holders of $COLLAT gain early access to presale events for tokenized real-world assets. This benefit provides the opportunity to participate in asset tokenization before it becomes widely available. Lower Transaction Fees on RWA Services: Users interacting with the Collaterize platform benefit from reduced fees when dealing with tokenized assets. This cost efficiency is designed to encourage greater user engagement and broader adoption of the platform. Boosted RWA APY: The platform offers enhanced annual percentage yields (APY) for investments in tokenized assets. This incentive is structured to reward active participation within the ecosystem. Governance and Community Involvement Collaterize emphasizes a community-driven approach. The platform provides a governance framework in which $COLLAT token holders can vote on proposals that affect future platform developments and protocol upgrades. This governance structure is intended to ensure that the direction of the project reflects the interests of its community. Project Overview Launched by a team based in France, Collaterize combines traditional asset management with modern blockchain technology. The project aims to bridge the gap between physical assets and digital finance by providing a structured, transparent, and secure process for asset tokenization. At its core, Collaterize seeks to democratize tokenization and build an inclusive financial system that is accessible to everyone, regardless of their expertise in blockchain technology.

¥3.34Current price
¥3.35BMarket cap
¥355.25MVolume (24h)
999.9M COLLATCir. Supply

Buy Collaterize with Coinbase Wallet

Create a Coinbase account to buy and sell Collaterize on the most secure crypto exchange.

Buy Collaterize with Coinbase Wallet

Create a Coinbase account to buy and sell Collaterize on the most secure crypto exchange.

Frequently asked questions

How much is 1 Collaterize in JPY?

Right now, 1 Collaterize is worth about ¥3.34.

How much COLLAT could I buy for 1 JPY?

Based on the current rate, you could get 0.3 COLLAT for 1 JPY.

How much has the price of Collaterize changed?

Collaterize price has been declining. Since yesterday, the exchange rate of Collaterize has decreased. Since last month, the exchange rate of Collaterize has increased. Since this time last year, the price of Collaterize has increased.

How do I calculate or convert COLLAT to JPY?

You can use our COLLAT to JPY calculator at the top of this page to convert any amount of COLLAT to JPY. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 JPY is equivalent to 1.5 COLLAT. Inversely, 5 COLLAT will cost about ¥16.71

How can I buy 1 Collaterize on Coinbase?

Collaterize can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Collaterize.

What are assets similar to Collaterize that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to Collaterize, including Solana Social Explorer, Based Froc, and Loud. For a more robust list of assets to explore, jump to the asset page dedicated to Collaterize.

Buy Collaterize with Coinbase Wallet

Create a Coinbase account to buy and sell Collaterize on the most secure crypto exchange.

Start your crypto portfolio today

Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.