Coin

<ul class="news-points">
 <li>DigiFT announces U.S. Treasury Bill depository receipt tokens, offering direct beneficial ownership of the underlying U.S. Treasury Bill</li>
 <li>DigiFT states that the circulating tokens have intricate legal structures, posing challenges for investors to grasp their legal implications.</li>
 <li>DigiFT’s CEO highlights how this addresses a key challenge in the RWA market.</li>
</ul>
According to a DigiFT <a href="https://www.digift.sg/announcements/first-rwa-depository-receipt-tokens.html" target="_blank" rel="noopener noreferrer nofollow">report</a>, DigiFT, the inaugural licensed exchange facilitating on-chain transactions of real-world assets, has announced U.S. Treasury Bill depository receipt tokens, which offer direct beneficial ownership of the underlying U.S. Treasury Bill.
DigiFT has developed a token issuance model deploying the depository receipt (DR) structure on-chain, addressing a “challenge” in real-world asset (RWA) tokenization. DigiFT ensures tokens represent token holders’ direct beneficial interest in the underlying asset while enabling seamless settlement on-chain.
According to the DigiFT statement, the tokens currently in circulation are “wrapped” in complex legal structures, making it hard for investors to understand the legal implications. The tokens that are to be issued reportedly provide…
The post <a href="https://coinedition.com/digift-introduces-rwa-depository-receipt-tokens-for-enhanced-investor-protection/" rel="noopener noreferrer nofollow">DigiFT Introduces RWA Depository Receipt Tokens for Enhanced Investor Protection</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

DigiFT Introduces RWA Depository Receipt Tokens for Enhanced Investor Protection

Coin Edition

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