Pivio platform
Investors can access our platform to invest in Digital Treasury Bills, issued as ERC-20 tokens that are collateralised one-for-one by the corresponding US Treasury bondsThe entire lifecycle of these digitally native assets takes place on-chain across issuance, transfers, trading, and redemption, without the need for a clearing system or central securities depository.
It’s about time: the fixed income market is due for an upgrade.
- Interest-bearing collateral using stablecoins
- Transparency into counterparty debt
- Real-time settlement
- Full access & control over bonds through duration
- Seamless due diligence and underwriting process
- Vetted issuances
How it works
The full issuance process explainedPV01 acts as the arranger and broker-dealer for issuers of digital bonds, and manages the structuring, book-building, and sales process to qualified non-US institutional investors through its non-custodial platform, Pivio.
-
1Subscription period Place your order, without transferring funds
-
2Issuance period Settle your order in USDC, receive Digital Bond Tokens
-
3Outstanding period Trade & transfer Digital Bond Tokens
-
4Maturity date Claim your final repayment in USDC
The first digitally-native bond on the public blockchain, issued under English law
How you'll benefit
Benefits of Digital Treasury Bills for institutionsPV01’s DTP offer on-chain investors one-for-one exposure to US Treasury bills.
Digital Treasury Products are transferable, allowing participants to not only invest and trade them, but also to leverage them as interest-bearing collateral.
- Direct access to the $25 trillion US Treasury bond market
- Earn interest on USDC holdings without on- or off-ramps
- Lock in exact USDC yields and cash flows while remaining on-chain
- Diversify and hedge holdings while remaining on-chain
- Leverage a low-risk, interest-bearing asset as collateral
TBL product features
Introducing [TBL], a one-for-one equivalent of a US Treasury Bill, available on-chainTBL allows institutions to lock-in exact USDC yields & cash flow while remaining on-chain, leveraging a low-risk, interest-bearing asset as collateral.
The fixed maturities of PV01’s bonds give investors defined investment horizons and the ability to lock in yields and cash flows.
TBL tokens are transferable, allowing participants to invest and trade them.
- Product
- Issuer
- Underlying assets
- Custodian
- Yield
- Governing law
- Format
-
USDC digital bond token with a fixed maturity
-
Digital Bonds Ltd., a bankruptcy-remote SPV
-
Each bond token is secured by an equivalent US Treasury bond holding
-
Assets held in a segregated safe custody account by StoneX, a FINRA-regulated entity
-
Zero Coupon bonds issued at discount
-
English law
-
Transferable ERC-20 tokens issued on Ethereum
How to invest
- Contact us to show your interest and begin the onboarding
- Complete KYC/AML on-boarding process to have your wallet(s) approved
- Place your order on a primary bond issuance on the Pivio platform
- Settle your order with USDC, and receive TBL minted bond tokens into your wallet atomically
- Optionally trade your bond tokens with other eligible investors
- At maturity, claim your USDC redemption payment into your wallet
- Resubscribe to new bond issuance