Securitize tokenizes U.S. Treasury Bond yield fund for accredited investors

Quick Take

  • The finance asset marketplace Tradeteq is launching a U.S. Treasury Bond token on the XDC network. 
  • The San Francisco-based firm Securitize tokenized the shares of the new fund.  

Tradeteq, a financial asset marketplace and securitization-as-a-service provider based in London, has launched an exchange-traded U.S. Treasury Yield (USTY) fund as a digital asset. 

The San Francisco-based firm Securitize, which tokenizes real world assets, has tokenized the shares of USTY on the Layer 1 blockchain XDC Network.

The USTY token gives investors access to a yield from a U.S. Treasury ETF in addition to exposure to U.S. Treasury securities, according to a company statement. Accredited investors can obtain the USTY token starting Tuesday. 

“USTY combines the flexibility and accessibility of cryptocurrencies with the stability of a U.S. Treasury ETF, creating an efficient and seamless investment experience,” said Nils Behling, chief operating officer of Tradeteq, in a statement.

The move also marks the first time Securitize has used the XDC network to tokenize digital asset securities.

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