Summary
TLDR: DigiFT introduced US Treasury Bill depository receipt tokens on the blockchain, solving ownership issues in Real-World Asset tokenization. This new model simplifies investment comprehension, provides direct ownership, and ensures investors have a claim on underlying asset returns. Henry Zhang highlighted the importance of the DR structure for addressing market needs and offering better investor protection and transparency.
Key Points
1. DigiFT has introduced US Treasury Bill depository receipt tokens, allowing for direct beneficial ownership in US Treasury Bills on the blockchain.
2. The launch of these tokens addresses the issue of accurately representing ownership and interest in Real-World Asset (RWA) tokenization, providing a clear and legally coherent framework for investors.
3. DigiFT’s innovative depository receipt tokens simplify investment comprehension, ensure direct ownership of underlying assets, and offer better investor protection and transparency in the Web3 space.