usdm1

Virtu and Tradeweb complete an onchain repo transaction with USDM1 digital bonds

- Virtu and Tradeweb complete an onchain repo transaction.
- USDM1 digital bonds issued by the Marshall Islands are used as collateral.
- The entire transaction cycle on the Canton Network takes under 10 minutes.
- An important milestone for the tokenization of traditional assets.

#BinanceSquare #CryptoNews #USDM1 #CantonNetwork #Web3

$usdm1

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Source: CoinTelegraph

PARADIGM BACKS $USDM1 - SOVEREIGN DEBT TOKENIZATION IS HERE 🔥

Paradigm just led the seed round for M1X Global, the team behind USDM1 — the first on-chain sovereign debt instrument backed 1:1 by US T-bills with legal protection under New York law. This isn't another DeFi token; it's dollar-denominated debt issued directly on a public chain for institutional use.

The same firm that backed Uniswap and Maker is now betting on tokenized Treasuries. They already raised $3M in a oversubscribed angel round from Balaji Srinivasan. Momentum is building quietly in the RWA sector.

Are you paying attention to this shift?

Not financial advice. Always manage your risk.

#USDM1 #RealWorldAssets #Tokenization #Paradigm #Crypto

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🏛️ BitGo supports the first sovereign bond on the blockchain (USDM1) with custody and settlement

BitGo announced that it will provide instant custody and settlement services (T+0) for the distinguished sovereign bond USDM1 for the Republic of the Marshall Islands, which is the first sovereign bond issued natively on blockchain networks. This support comes through the Stellar and Ethereum networks, strengthening the adoption of traditional financial assets on the blockchain.

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📊 Impact: 📈 High
🏷️ DEFI

#BitGo #USDM1 #SovereignBond #OnchainFinance #Stellar

🔗 Source: https://cryptobriefing.com/bitgo-custody-settlement-usdm1-sovereign-bond/