COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: New Milestone in Crypto: Direct Access to US Treasury Bonds via Tokens
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Blockchain News > New Milestone in Crypto: Direct Access to US Treasury Bonds via Tokens
Blockchain News

New Milestone in Crypto: Direct Access to US Treasury Bonds via Tokens

In Brief

  • Crypto market sees significant development with DigiFT's entry.

  • DigiFT introduces first Treasury Bond-focused tokens representing direct entitlement.

  • These tokens provide opportunities for various financial products' access.

COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

Cryptocurrency market experiences another key development. Demand for digital assets is rapidly increasing, and the latest to join this trend is DigiFT. DigiFT offers its customers opportunities by providing direct access to the United States Treasury Bonds. On Monday, March 25, the company officially announced the introduction of its first Treasury Bond-focused tokens, which represent a direct entitlement to the US Treasury Bonds.

Contents
First Step on the BlockchainWhat Does the New Offering Bring?

First Step on the Blockchain

The concept of D.R. tokens began with JPMorgan Chase’s introduction of the first American Depositary Receipts (ADR) in the late 1920s to facilitate the trading of shares of the British retailer Selfridges on the New York Stock Exchange. Since then, the use of ADRs has gained momentum, and companies across various sectors have been using this concept to provide their customers with access to a range of financial products.

However, with DigiFT’s move, it became the first company to offer the first D.R. tokens directly linked to the US Treasury Bonds on the Blockchain. This marks a significant development in the real-world asset ownership sector, as Blockchain-based finance promises greater accessibility, transparency, and empowerment for investors.

What Does the New Offering Bring?

The new offering, named DigiFT US Treasury Tokens (DRUST), is backed by AA+ rated, highly liquid, short-term US Treasury Bonds. This product is specifically offered to stablecoin issuers, Web3 product developers, and managers seeking regulatory-compliant treasury and cash management solutions.

DigiFT’s CEO Henry Zhang comments on the matter:

“DigiFT’s innovative D.R. structure addresses a pain point in the current RWA market by providing investors with direct ownership of the underlying assets and returns. Looking forward, DigiFT is committed to expanding the universe of traditional financial assets in the Web3 space through the D.R. model, which offers better investor protection and transparency.”

This step can also be seen as a move towards DigiFT’s goal of bringing more traditional financial products to the cryptocurrency market in the future. The company’s initiative is also considered a promising step in the integration of Blockchain technology into broader financial markets.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Vera Capital Aims to Enhance Real Estate Access with $1 Billion Tokenization Initiative

Belarus Sets Bold Goals for Launching Digital Ruble by 2026

Kyrgyzstan Takes Bold Steps to Launch Its National Digital Currency

Tokenization is Set to Reach $18.9 Trillion by 2033

South Korea’s National Pension Service Embraces Blockchain for Enhanced Security

COINTURK NEWS 25 March, 2024 - 3:23 pm 25 March, 2024 - 3:23 pm
Share This Article
Facebook Twitter
Share
Previous Article Bitcoin Eyes $70,000 Milestone as Market Consolidates
Next Article Ethereum (ETH), Ethereum Classic (ETC) Strike Bullish Price Shift, Will KangaMoon’s (KANG) Price Surge?
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Binance Spurs a Twist as Doodles Token Value Dips
Binance
ARK Invest Predicts Massive Bitcoin Rise by 2030 with Compelling Insights
Bitcoin (BTC)
Coinbase Launches Round-the-Clock Bitcoin Futures in the US
Cryptocurrency News
Goldman Sachs Embraces Cryptocurrency with New Investments
Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?