Avalanche now hosts the launch of a tokenized U.S. Treasury fund, known as ULTRA

In a significant move for the tokenized finance industry, FundBridge Capital and Libeara have introduced the ULTRA product, a tokenized U.S. Treasury fund on the Avalanche blockchain. This innovative product is an example of how blockchain technology can merge regulatory-grade compliance with institutional investment strategies.

Libeara, a Singapore-based platform focused on tokenizing real-world assets, was incubated by SC Ventures, a subsidiary of Standard Chartered. The company aims to be at the forefront of tokenized finance, promoting greater accessibility, transparency, and security in global markets.

FundBridge Capital, an independent fund management platform operating under regulatory approval from the Monetary Authority of Singapore, has developed expertise in structuring vehicles that support a variety of asset classes, including equities, fixed income, real estate, and hedge funds. They offer flexibility for clients seeking compliant cross-border fund structures, covering multiple jurisdictions such as Singapore, the Cayman Islands, and the British Virgin Islands.

The ULTRA product is a regulated and institutional-grade solution for accredited and institutional investors to gain exposure to short-duration U.S. Treasuries entirely on-chain. It is structured with a focus on compliance, governance, and liquidity. Wellington Management will sub-manage the ULTRA product.

Libeara's tokenization platform is used in the ULTRA product, enhancing efficiency, transparency, and security in asset management. This initiative underscores 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.

FundBridge Capital's infrastructure is designed to ease the process of setting up and managing regulated fund vehicles by managing legal, compliance, and operational requirements. The regulatory authority that granted Libeara the principles approval for its capital market service is BaFin (Federal Financial Supervisory Authority) in Germany.

Libeara's product suite includes solutions like Delta for fund managers and Bravo for central banks. The company has demonstrated its technology through pilot projects in Asia and Africa. Libeara has also achieved in-principle approval for a Capital Markets Services license from the Monetary Authority of Singapore.

The launch of the ULTRA product marks a step toward reshaping the way financial instruments are managed, accessed, and distributed at scale. It represents an expansion of the scope of tokenized finance by offering investors a secure and transparent path into U.S. Treasury exposure. The initiative is a testament to the growing potential of blockchain technology in the traditional financial sector.

Avalanche now hosts the launch of a tokenized U.S. Treasury fund, known as ULTRA