The finance asset marketplace Tradeteq is launching a U.S. Treasury Bond token on the XDC network.
Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.No wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Tradeteq, a financial asset marketplace and securitization-as-a-service provider based in London, has launched an exchange-traded U.S. Treasury Yield fund as a digital asset., which tokenizes real world assets, has tokenized 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.has used the XDC network to tokenize digital asset securities.
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