BitGo Launches Custody and Settlement for Onchain Sovereign Bond USDM1 on Solana, Ethereum and Stellar
BitGo announced institutional-grade qualified custody and off-exchange settlement services for USDM1, a dollar-denominated sovereign bond. The platform allows institutional clients to hold the asset and use it for collateral and settlement through BitGo’s Go Network.
The bond is natively issued onchain and is available across the Stellar, Ethereum and Solana blockchain networks. The service expands BitGo’s digital asset infrastructure for regulated market participants.
From the sources (3 posts)
@mikebelsheRT @BitGo: Today we're announcing institutional-grade qualified custody and off-exchange settlement for USDM1, the world's first natively i…
@bitgoToday we're announcing institutional-grade qualified custody and off-exchange settlement for USDM1, the world's first natively issued onchain secured sovereign bond. Institutional clients can hold this dollar-denominated sovereign bond in
@solanafloor🚨JUST IN: @BitGo to offer institutional custody and off-exchange settlement for USDM1, the world’s first natively issued onchain sovereign bond, available on @Solana, Ethereum and Stellar.