DigiFT, a decentralized digital asset exchange, has issued its first perpetual bond-backed token (PBRT01). After the subscription period ended, DigiFT officially started AMM trading of PBRT01 on March 16. PERT01 was issued by Red Cedar Digital Pte Ltd (a subsidiary of DigiFT), and the underlying asset is Barclays Bank 8% perpetual bonds managed by Citibank. PBRT01 can support qualified investors to use US dollars or USDC to subscribe, and Web3 investors can invest in fixed-income products without a bank account. Investors can exchange assets on the chain through AMM, OTC and P2P three trading methods or redeem assets from the chain through the issuer. Foresight News previously reported that on February 28, DigiFT completed a Pre-A round of financing of US$10.5 million, led by Shanda Group, and participated by HashKey Capital, Hash Global, Xin Enterprise, North Beta Capital, etc. The funds raised will be used to support the transaction The growth of the firm and the recruitment of more new employees.