Demand is surging for tokenized RWAs offering low-risk yield from Treasury bills.
Libeara and FundBridge Capital are launching a tokenized United States Treasury bill (T-Bill) fund on Avalanche (AVAX) network, according to a Nov. 12 post on the X platform.
The Delta Wellington Management Short Treasury On-Chain Fund “aims to provide a transparent, auditable and efficient way to access US Treasuries on-chain,” Avalanche said in the post.
The “fund is structured to support subscriptions, transfers and redemptions of tokenized US Treasuries,” according to Avalanche.
