.finblox's yield product is a milestone on the firm's route to becoming a “crypto superapp,” providing a wide range of financial services, the company said. sndr_krisztian reports.
Demand for Tokenized Treasury Bonds Soars as Crypto Investors Chase TradFi Yield
So far, however, the tokenized products have been available mainly for professional investors. Finblox plans offer a way for retail users to invest, too. The firm acts as an intermediary and invests in OpenEden's TBILL tokens, which are accessible only to accredited investors and institutions because of regulations. It will pass on the yield to users through Finblox's own"T-Bill Token," CEO Peter Hoang, who co-founded the firm, said in an interview.
“This collaboration unlocks unprecedented access to a trillion-dollar market, offering users transparency and trust,” said Qin En, principal at Saison Capital, a venture capital firm that invested in both Finblox and OpenEden. “Beyond portfolio diversification, it offers the potential for more reliable and safer yields.”
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