Blockchain

Zoth and Singularity Finance Launch ZTLN Prime to Bring Institutional-Grade Funds On-Chain

Gros Islet, St. Lucia — Zoth, a frontrunner in real-world asset (RWA) tokenization, has teamed up with Singularity Finance to launch Zoth Tokenized Liquid Notes Prime (ZTLN-P). Backed by U.S. Treasury ETFs and cash market funds (MMFs), ZTLN-P gives institutional traders with a safe, on-chain resolution for optimizing treasury property and incomes regular returns. (Cowl picture: Mario Casiraghi, Co-founder of SingularityDAO)

Custodied by Doo Group and managed by respected asset managers, this product bridges the hole between conventional finance (TradFi) and decentralized finance (DeFi) with a concentrate on safety, liquidity, and transparency.

Mario Casiraghi, Co-founder of SingularityDAO and Singularity Finance commented:
“ZTLN Prime is a transformative step towards bridging the hole between conventional finance and decentralized finance. By combining Zoth’s experience in tokenizing high-quality real-world property, we’re delivering an institutional-grade product that embodies security, liquidity, and transparency for the worldwide Web3.0 ecosystem.”

Mario Casiraghi, Co-founder of SingularityDAO
Revolutionizing Treasury Administration with Tokenization

The partnership between Zoth and Singularity Finance (SFI) introduces a contemporary method to treasury administration. Leveraging SFI’s tokenization framework, ZTLN-P provides an environment friendly and compliant pathway for bringing RWAs on-chain. This collaboration allows corporations to handle and develop their treasuries with minimal threat, leveraging U.S. Treasury-backed ETFs and MMFs to generate constant returns.

Pritam Dutta, CEO of Zoth, highlighted the industry-shaping potential of ZTLN-P, stating:
“ZTLN-P is an industry-driven product that aligns institutional-grade short-term investments, like BlackRock iShares Treasury Bond ETFs, with the effectivity and transparency of blockchain. With Singularity Finance’s one-of-a-kind experience, this partnership marks the start of a brand new period the place DeFi is not a speculative market however a reliable different to conventional finance.”

See also  Umoja Announces Beta Launch, Offering Simplified Hedging Solutions for Digital Assets

Pritam Dutta, CEO of Zoth
Singularity Finance’s proprietary framework ensures regulatory compliance underneath the Cayman Islands Financial Authority (CIMA) and the Mutual Funds Act (2021 Revision). This authorized rigor, mixed with Zoth’s experience in go-to-market (GTM) methods, delivers a complete, safe, and user-friendly platform for institutional traders looking for publicity to tokenized monetary devices.

TradFi-Backed Safety for On-Chain Traders

On the coronary heart of ZTLN-P’s worth proposition is its reliance on world-class property. By tapping into BlackRock-managed iShares ETFs and MMFs targeted on U.S. Treasury payments, ZTLN-P provides a low-risk different to risky DeFi yield methods. This backing ensures unparalleled liquidity, predictable returns, and capital preservation—key elements for establishments looking for monetary stability within the blockchain house.

Not like speculative DeFi merchandise, ZTLN-P prioritizes safety, liquidity, and transparency. The token’s design aligns with the wants of institutional traders, providing confidence that their capital is deployed in rigorously vetted monetary devices. This marks a big shift in DeFi, reworking it from a speculative market to a reliable different for conventional monetary merchandise.

Cloris Chen, CEO at Singularity Finance, emphasised the long-term influence of this partnership:

“One of many core pillars of Singularity Finance is to construct an ecosystem that serves as a house for RWA tasks, enabled by means of the SFI tokenization framework. This partnership with Zoth represents an necessary milestone for SFI, and the launch of ZTLN Prime unlocks a brand new and modern means for the worldwide Web3.0 ecosystem to handle and develop their treasury, unlocking new alternatives within the DeFi ecosystem whereas sustaining the very best requirements of compliance and belief.”

See also  Saakuru Labs and Aethir Partner to Revolutionize Gaming

About Zoth

Zoth is a retail-focused RWA ecosystem connecting on-chain and conventional finance by means of institutional-grade fixed-income choices. The ZothFi market empowers accredited traders, asset house owners, and establishments with seamless entry to different property, fostering a globally inclusive monetary system. Be taught extra at: zoth.io

About Singularity Finance

Singularity Finance is the primary AI-centric, EVM-compatible L2 blockchain bringing the AI economic system on-chain. It provides a completely compliant RWA tokenization framework to tokenize and monetize the AI worth chain in its entirety. Rooted within the SingularityNET ecosystem and carefully tied to the Synthetic Superintelligence Alliance, Singularity Finance is about to change into the monetary chain for all AI-related ventures. Be taught extra at: singularityfinance.ai/

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Please enter CoinGecko Free Api Key to get this plugin works.