The INX Digital Company, Inc., the owner of digital asset trading platforms, is pleased to announce that it intends to renew its normal course issuer bid (the “NCIB”) program to repurchase common shares of the Company (“Common Shares”). Simultaneously with the NCIB renewal, INX’s subsidiary INX Limited is announcing that it intends to renew its […]
Today, DigiFT, a decentralised exchange (DEX) for digital assets, announced the launch of DigiFT U.S. Treasury Token (“DUST”). DUST is the first fully regulatory-compliant U.S. Treasury token issued on a public blockchain. Backed by a single U.S. Treasury note with a specific maturity date, DUST offers accredited and institutional investors an on-chain channel to invest in U.S. Treasuries, with the physical U.S. Treasuries custodised with a licensed broker-custodian in Singapore. Unlike other tokenised treasuries, DUST provides a regulated, on-chain channel for investors to invest in U.S. Treasuries with a specific […]
Ondo Finance, a leader in institutional-grade on-chain finance, is excited to announce the launch of USD Yield (USDY), the world’s first tokenized note secured by US Treasuries and bank deposits. USDY provides similar accessibility and utility as stablecoins while paying token holders a yield—5% APY at launch—and offering significantly enhanced investor protections. The debut of […]