The first digitally-native bond on the public blockchain, issued under English law

How you'll benefit

Benefits of Digital Treasury Bills for institutions

PV01’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 & 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-chain

TBL 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
USDC digital bond token with a fixed maturity
Issuer
Digital Bonds Ltd., a bankruptcy-remote SPV
Underlying assets
Each bond token is secured by an equivalent US Treasury bond holding
Custodian
Assets held in a segregated safe custody account by StoneX, a FINRA-regulated entity
Yield
Zero Coupon bonds issued at discount
Governing law
English law
Format
Transferable ERC-20 tokens issued on Ethereum

How to invest

How the investment process works
  1. Contact us to show your interest and begin the onboarding
  2. Complete KYC/AML on-boarding process to have your wallet(s) approved
  3. Place your order on a primary bond issuance on the Pivio platform
  4. Settle your order with USDC, and receive TBL minted bond tokens into your wallet atomically
  5. Optionally trade your bond tokens with other eligible investors
  6. At maturity, claim your USDC redemption payment into your wallet
  7. Resubscribe to new bond issuance