Debut of Tokenized U.S. Treasury Fund on Avalanche Blockchain Through ULTRA
In a groundbreaking move, FundBridge Capital and Libeara have collaborated to introduce the ULTRA fund on the Avalanche blockchain. This innovative product aims to offer investors a secure and transparent path into U.S. Treasury exposure.
Based in Singapore, FundBridge Capital is an independent fund management platform operating under regulatory approval from the Monetary Authority of Singapore. With expertise in blockchain-based fund tokenization, they structure vehicles that support a variety of asset classes, providing flexibility for clients seeking compliant cross-border fund structures across multiple jurisdictions such as Singapore, the Cayman Islands, and the British Virgin Islands.
Libeara, a company incubated by SC Ventures, a subsidiary of Standard Chartered, specializes in the tokenization of real-world assets. Founded in 2023 and headquartered in Singapore, they have achieved in-principle approval for a Capital Markets Services license from the Monetary Authority of Singapore. Their product suite includes solutions like Delta for fund managers and Bravo for central banks, facilitating simplified subscription, redemption, and transfer processes for tokenized assets across jurisdictions.
The ULTRA fund is a regulated and institutional-grade solution for accredited and institutional investors to access short-duration U.S. Treasuries on-chain. Sub-managed by Wellington Management, it is being presented as a step toward reshaping the way financial instruments are managed, accessed, and distributed at scale, combining regulatory-grade compliance with institutional investment strategies.
Libeara has demonstrated its technology through pilot projects in Asia and Africa, promoting financial inclusion and bridging the gap between traditional capital markets and digital asset ecosystems. The initiative highlights a growing momentum around tokenization in capital markets, where institutions increasingly seek solutions that combine the reliability of traditional financial assets with the operational benefits of blockchain technology.
By introducing the ULTRA fund on the Avalanche blockchain, FundBridge Capital and Libeara position the product as a bridge between traditional finance and blockchain technology, paving the way for a more integrated future in the financial sector.
