AI blockchain Singularity Finance has announced a partnership with Zoth, the leading developer of on-chain token products for institutions. The collaboration launched Zoth Tokenized Liquid Notes Prime (ZTLN-P), a tradable RWA backed by US Treasury ETFs and Money Market Funds (MMFs). ZTLN Prime offers institutional investors a secure solution to acquire treasury assets while achieving consistent returns.
ZTLN-P was initially developed by Cogito under the name TFUND. Following Cogito’s merger into Singularity Finance, TFUND will now be issued as ZTLN-P through Cogito’s tokenized fund Ergo Sum SPC. The launch of ZTLN-P will complement Singularity Finance’s product suite, which includes treasury management solutions for individuals and businesses, among other tokenized funds.
Using Blackrock-managed iShares ETFs and MMFs focused on U.S. Treasury bills, ZTLN-P delivers low-risk returns with high liquidity – characteristics that are typically in short supply in DeFi returns.
T-Bills receive the tokenization treatment
ZTLN-P represents a class of tokenized fund shares managed by established asset managers. This structure offers institutional investors access to low-risk, high-return securities.
The launch of ZTLN-P through a collaboration between Zoth and Singularity Finance offers a first taste of what the Singularity ecosystem will bring to market in the coming months as its scalable L2 ramps up. In addition to supporting AI assets, Singularity Finance will seamlessly integrate RWAs with decentralized infrastructure using secure and compliant on-chain infrastructure.
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