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BitGo Bank & Trust To Provide Custody And Off-Exchange Settlement For USDM1, The World's First Natively Issued Onchain Secured Sovereign Bond
Institutional clients will be able to hold a dual-recourse, dollar-denominated sovereign bond, backed 1:1 by US Treasuries, in segregated, regulated custody on the BitGo platform and utilize it for collateral and
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- benzinga
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- Jul 17, 2026, 12:05 PM
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- Jul 17, 2026, 12:05 PM
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- Captured once, then retained as an archive reference
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Shares of crypto-linked stocks are trading higher as investors rotate into digital currencies as U.S. government spending concerns prompt debasement trade.
Read original at benzingaReported Earlier, BitGo Expands Global Regulatory Footprint As BitGo Korea Secures Virtual Asset Service Provider Registration For Institutional Custody Services
Read original at benzingaShares of crypto-related companies are trading higher alongside a rise in Bitcoin prices as Treasury yields decline, improving risk appetite and supporting demand for higher-risk assets. Sentiment is also supported by President Trump’s planned meeting with cryptocurrency executives at the White House, as U.S. financial regulators prepare to advance a framework for certain digital assets.
Read original at benzinga