Coinbase Logo

Language and region

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more

Convert Collaterize COLLAT to Nigerian Naira NGN

COLLAT to NGN: 1 Collaterize converts to NGN 16.18 NGN as of October 2 at 1:49 AM

NGN

About Collaterize

Collaterize is climbing this week. The current price of Collaterize is NGN 16.18 per COLLAT. With a circulating supply of 999,914,466.648 COLLAT, it means that Collaterize has a total market cap of NGN 16,242,585,852.83. The amount of Collaterize traded has risen by NGN 3,310,821,784.86 in the last 24 hours, which is a 42.79% increase. Additionally, in the last day, NGN 7,736,979,234.56 worth of COLLAT has been traded.

The exchange rate of Collaterize is increasing. The current value of 1 COLLAT is NGN 16.18 NGN. In other words, to buy 5 Collaterize, it would cost you NGN 80.92 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.0618 COLLAT while NGN 50.00 NGN would convert to 3.09 COLLAT, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 8.78%. Meanwhile, in the last 24 hours, the rate has changed by 16.46%, which means that the highest exchange rate of 1 COLLAT to NGN was NGN 16.74 NGN and the lowest 24 hour value was 1 COLLAT for NGN 13.68 NGN. Last month, 1 COLLAT was worth NGN 23.62 NGN. Today, it's down 29.29%. Looking back a year, Collaterize has changed by NGN 5.91 NGN. That means that in a single year, the value of Collaterize has grown by 173.54%.

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.

NGN 16.18Price
NGN 16.24BMarket cap
NGN 7.74BVolume (24h)
999.9M COLLATCir. Supply

Buy Collaterize with Coinbase Wallet

Create a Coinbase account to buy and sell Collaterize on the most trusted crypto exchange. Learn more

Conversion tables

COLLAT to NGN values from Today at 1:49 am

0.5 COLLAT = NGN 8.09 NGN
1 COLLAT = NGN 16.18 NGN
5 COLLAT = NGN 80.92 NGN
10 COLLAT = NGN 161.84 NGN
50 COLLAT = NGN 809.21 NGN
100 COLLAT = NGN 1,618.41 NGN
500 COLLAT = NGN 8,092.06 NGN
1,000 COLLAT = NGN 16,184.13 NGN

NGN to COLLAT values from Today at 1:50 am

NGN 0.50 NGN = 0.0309 COLLAT
NGN 1.00 NGN = 0.0618 COLLAT
NGN 5.00 NGN = 0.31 COLLAT
NGN 10.00 NGN = 0.62 COLLAT
NGN 50.00 NGN = 3.09 COLLAT
NGN 100.00 NGN = 6.18 COLLAT
NGN 500.00 NGN = 30.89 COLLAT
NGN 1,000.00 NGN = 61.79 COLLAT

COLLAT to NGN over time

COLLAT
Today
24H
11.89%
1M
-45.95%
1Y
63.47%
0.5 COLLAT
NGN 8.09 NGN
NGN 7.13 NGN
NGN 11.81 NGN
NGN 2.96 NGN
1 COLLAT
NGN 16.18 NGN
NGN 14.26 NGN
NGN 23.62 NGN
NGN 5.91 NGN
5 COLLAT
NGN 80.92 NGN
NGN 71.30 NGN
NGN 118.11 NGN
NGN 29.56 NGN
10 COLLAT
NGN 161.84 NGN
NGN 142.61 NGN
NGN 236.21 NGN
NGN 59.12 NGN
50 COLLAT
NGN 809.21 NGN
NGN 713.03 NGN
NGN 1,181.07 NGN
NGN 295.58 NGN
100 COLLAT
NGN 1,618.41 NGN
NGN 1,426.06 NGN
NGN 2,362.15 NGN
NGN 591.15 NGN
500 COLLAT
NGN 8,092.06 NGN
NGN 7,130.32 NGN
NGN 11,810.73 NGN
NGN 2,955.77 NGN
1,000 COLLAT
NGN 16,184.13 NGN
NGN 14,260.63 NGN
NGN 23,621.47 NGN
NGN 5,911.54 NGN

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.

Start your crypto portfolio today

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