In a significant leap towards financial innovation, the Philippines is set to introduce tokenized treasury bonds, marking a historic move to bolster its domestic debt market. The Bureau of the Treasury has confirmed the issuance of at least 10 billion pesos ($179 million) worth of one-year tokenized bonds. The decision to cancel the scheduled regular […]
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 […]
