Libeara and FundBridge Capital are set to launch a tokenized US Treasury bill fund on the Avalanche network, as announced on November 12. The Delta Wellington Management Short Treasury On-Chain Fund aims to offer a transparent and efficient way to access US Treasuries on-chain. This fund supports subscriptions, transfers, and redemptions of tokenized Treasuries, leveraging blockchain for enhanced access and efficiency. The demand for tokenized real-world assets, like T-Bills, is growing, with tokenized US treasury debt valued at around $2.3 billion. Tokenization offers a potential $30-trillion market opportunity globally.
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