DigiFT Announces Launch of DigiFT US Treasury Token

Odaily Planet Daily News The decentralized digital asset exchange DigiFT announced the launch of the DigiFT US Treasury Token (DUST for short). DUST is a regulatory-compliant U.S. Treasury token issued on the public chain. DUST is backed by a single U.S. treasury bond with a clear term, and the underlying U.S. treasury bond assets are managed by a licensed institution in Singapore, providing qualified investors and institutional investors with a channel to invest in U.S. treasury bonds on the chain. DUST provides investors with a regulated on-chain investment channel to invest in U.S. Treasury bonds with a clear maturity date of December 31, 2023. Investors can choose to subscribe to this regulatory-compliant security token offering using fiat currency (US dollars) or the US dollar stablecoin USDC, and invest with a minimum investment amount of only 1 USD/USDC.