PANews reported on July 16 that Singapore's licensed cryptocurrency exchange DigiFT announced that it has established a strategic partnership with FundBridge Capital, Wellington Management and Libeara to officially introduce the short-term U.S. Treasury bond strategy "Delta Wellington Ultra Short Treasury On-Chain Fund Token" (ULTRA) into its regulated digital asset trading platform.

“ULTRA was originally tokenized on the Ethereum blockchain in November 2024 by Libeara, a tokenization platform incubated by SC Ventures that builds and invests in cutting-edge projects within banking and beyond. ULTRA will now be supported by DigiFT’s regulated exchange infrastructure through tokenized units of the strategy, enabling compliant on-chain investment and access by institutions and accredited investors.”

“‘This collaboration marks a critical step in making institutional-grade fixed income assets investable and programmable on-chain,’ said Henry Zhang, founder and CEO of DigiFT. ‘By combining Wellington’s asset management pedigree, FundBridge’s compliance expertise, and Libeara’s digital infrastructure, we are expanding on-chain accessibility for investment-grade tokenized assets, providing greater transparency, security, and utility to the next generation of investors.’”