Real-world asset exchange launches US Treasury bill token

DigiFT recently launched its latest in the form of US Treasury Bill Depositary Receipt Tokens. This innovation introduces direct beneficial ownership in US Treasury bills to the blockchain.

The importance of this initiative lies in its approach to solving a long-standing problem in Real-World Asset (RWA) tokenization – the challenge of legally and accurately representing ownership and interest.

US Treasury Bill Tokens now on real-world asset exchanges

The concept of depositary receipts has a long history of facilitating international investment since its inception in the 1920s. Traditionally, these tools have allowed investors to access foreign markets relatively. By adapting this established structure, DigiFT aims to address the legal representation of token holders' interests in real-world assets.

Currently, the market is full of packaged tokens, which are often enmeshed in legal frameworks that obscure direct ownership. This creates a major hurdle for investors who want to explore the implications of their investments. In contrast, the deployment of DGFT's Depositary Receipt Tokens provides a clear, legally consistent framework.

This model simplifies investment understanding and ensures that investors have a direct claim on asset returns.

Read more: What is Real World Asset (RWA) Token Impact?

DGFT founder and CEO Henry Zhang highlighted the importance of the DR structure. It helps with market needs, especially direct ownership and return on investment.

“DGFT's innovative DR structure addresses a pain point in the current RWA market, encouraging investors to directly own the underlying assets and returns. Looking ahead, DigiFT remains committed to expanding the universe of traditional financial assets in the Web3 space through the DR model, which provides better investor protection and transparency,” Zhang said.

As the first licensed real-world assets exchange, DigiFT combines deep financial insights with advanced technological capabilities. The new US Treasury Tokens (DRUST) is an example of this integration, offering a blockchain-based alternative to control treasury and cash flows. Large amounts of US Treasury bills directly return these signals, which attract a wide range of institutional investors.