Finblox

We’re thrilled to launch the Finblox TBILL token — which offers tokenized rights to US Treasury Bills (T-Bills) in partnership with OpenEden, which operates the first smart contract vault to offer 24/7 access to U.S. Treasury Bills. This move unlocks a trillion-dollar market for the millions of web3 users starting with our amazing Finblox community.We’ve been working relentlessly on this release with a mission in mind: to bridge the gap between traditional finance and the crypto universe. Soon, we will be enabling 300 million crypto enthusiasts (and counting!) to directly harness the yield from these tokenized T-Bills, right here on the Finblox platform.This launch signifies more than just another product release; it is a promise — a promise of transparency, which the crypto industry craves, particularly in light of the 2022 events involving entities like FTX, Celsius and Three Arrows Capital. With real-time access to view assets deployed into TBILL tokens, we are not just making claims; we are demonstrating our commitment to transparency.But why does this matter? &#x1f914;U.S. T-Bills have long been recognized as the most blue chip financial asset, offering safe returns and serving as a benchmark for global financial markets. By democratising access to U.S. T-Bills, we empower you to diversify your portfolio with a trusted and globally recognized asset. This move bridges the gap between traditional finance and the crypto space, expanding the opportunities for 300 million crypto enthusiasts and beyond in the near future.Now let’s talk about risk. We acknowledge the uncertainties surrounding yield-generating strategies and the stability of underlying stablecoins. The incident with USDC in March 2023 served as a wake-up call. However, our T-Bill token product stands apart — risk is tied to the US Dollar itself, rather than USDC. The utilization rate of the vault, typically ranging from 95% to 97%, represents the underlying risk to consider. This unique model introduces a fresh dimension of stability to the crypto space.At Finblox, our goal is to democratize finance and empower the crypto ecosystem with comprehensive financial services. The launch of tokenized rights to U.S. T-Bills on-chain marks a giant stride towards achieving this vision. As your trusted crypto superapp, we are committed to driving innovation and creating valuable opportunities for all Finbloxers.Participating is easy as 1–2–3Step 1: Create a Finblox Account<ul><li>Begin by signing up for Finblox. Complete the Verified Plus level of verification to gain access to TBILL tokens.</li></ul>Step 2: Top up your account with USDC<ul><li>Use your debit/credit card to purchase USDC or other stablecoins, OR deposit by transferring assets from another wallet.</li></ul>Step 3: Swap to TBILL<ul><li>Convert your USDC into TBILL with ease and begin to secure your financial future today.</li></ul>

Finblox Plans to Unveil Access to a Trillion Dollar Market with Launch of Tokenized Rights to US T-Bills Tokens Yield in Partnership with OpenEden

Finblox

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