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FintechAugust 31 2023

First fully regulatory-compliant US treasury token launched

The DigiFT US Treasury Token provides a regulated, on-chain channel for investors to invest in US treasuries with a specific maturity date of December 31, 2023. Aliya Shibli reports. 
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First fully regulatory-compliant US treasury token launchedImage: Getty Images

The global tokenised treasury market exceeded a value of $680m in August 2023. Now, DigiFT, a decentralised exchange for digital assets, has launched the first fully regulatory-compliant US treasury token issued on a public blockchain: the DigiFT US Treasury Token (Dust).

Unlike other tokenised treasuries, Dust provides a regulated, on-chain channel for investors to invest in US treasuries with a specific maturity date of December 31, 2023. DigiFT founder and CEO Henry Zhang says Dust will broaden pathways for investors to explore tokenised real-world assets (RWAs) on-chain with full transparency, backed by institutional-grade risk management mechanisms. 

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