Franklin

Sigma

Enigma

USDC

OpenTrade, the blockchain-based lending and yield platform, has unveiled a tokenized pool of U.S. Treasury bills. This offering is open to individual accredited investors, regulated institutions, companies, funds, and decentralized autonomous organizations, as detailed in the company’s press release. 
Additionally, third-party distributors have the option to integrate OpenTrade’s pool into their own white-labeled yield offerings. Enigma Securities, WOO X, Resonate, Kyber Network, and Sino Global Capital are among OpenTrade’s initial distribution partners, direct lenders, and liquidity providers. For off-chain operations support, UK-based structured finance firm Five Sigma lends assistance. 
This development aligns with the trend of placing traditional financial instruments, such as government bonds, private equity, or credit, onto the blockchain—a phenomenon often referred to as tokenization of real-world assets (RWA). Major banks are exploring ways to harness blockchain technology in this context. 
U.S. Treasuries are particularly attractive for tokenization efforts due to their high yield and low-risk nature. According to data from rwa.xyz, the tokenized treasuries market has grown sixfold this year, reaching $668 million in total value, with asset management firm Franklin Templeton as the leading player. 
OpenTrade’s tokenized Treasuries pool leverages <a href="https://www.unlock-bc.com/109280/circle-introduces-perimeter-protocol-for-tokenized-credit-markets/" class="ek-link">Circle’s Perimeter Protocol</a>, an open-source codebase designed for on-chain credit facilitation, and is backed by the USDC stablecoin. 
Looking ahead, OpenTrade plans to introduce a range of on-chain yield products, including investment-grade commercial paper and supply chain financing. Co-founders Dave Sutter and Jeff Handler discussed the attractiveness of trade financing using blockchain rails, pointing out a substantial unmet financing demand of $2.5 trillion from market participants, as reported by the Asian Development Bank. 
The post <a rel="nofollow" href="https://www.unlock-bc.com/109275/opentrade-launches-tokenized-u-s-treasury-bills-circles-perimeter-protocol/">OpenTrade Launches Tokenized U.S. Treasury Bills on Circle’s Perimeter Protocol</a> appeared first on <a rel="nofollow" href="https://www.unlock-bc.com">UNLOCK Blockchain</a>.

OpenTrade Launches Tokenized U.S. Treasury Bills on Circle’s Perimeter Protocol

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