Libeara and FundBridge Capital bring US Treasury investments onchain with the Ultra Fund, boosting blockchain finance.
Libeara, a blockchain asset tokenization platform, and FundBridge Capital, a fund management infrastructure, have launched a tokenized United States Treasurys fund on a public blockchain for investors.
Dubbed the “Delta Wellington Ultra Short Treasury On-Chain Fund, or Ultra Fund, the offering gives investors digital access to US Treasurys.
Through Libeara’s Delta platform, the fund is structured to support subscriptions, transfers and redemptions of tokenized units and aims to provide a transparent, auditable and efficient fund management solution.
