Zoth Teams up With Singularity Finance to Issue Tokenized Liquid Notes

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As a seasoned crypto investor with over a decade of experience navigating the volatile digital asset landscape, I must admit that the collaboration between Zoth and Singularity Finance piques my interest significantly. The introduction of Zoth Tokenized Liquid Notes Prime (ZTLN-P) represents a bold step towards bridging the gap between traditional finance and decentralized finance, a move I’ve long been advocating for.

In a new development, the prominent real-world asset platform, Zoth, has teamed up with Singularity Finance to launch the Zoth Tokenized Liquid Notes Prime (ZTLN-P). This innovative on-chain product will be backed by exchange-traded funds (ETFs) based on U.S. Treasury securities and money market funds managed by top-tier partners of Zoth.

Zoth Tokenized Liquid Notes Prime (ZTLN-P) introduced by Zoth, Singularity Finance

Singularity Finance, the pioneer in AI-focused Layer 2 solutions on Ethereum‘s Virtual Machine, has secured a partnership with Zoth, a leading platform for RWA tokenization in the industry. The collaboration aims to jointly work on the release of Zoth’s Tokenized Liquid Notes Prime (ZTLN-P).

Approximately $2 trillion worth of high-quality financial assets such as Short Term Treasuries, top-rated corporate bonds (AAA/AA), and Money Market Funds remain offline or not yet integrated into blockchain platforms. It might be beneficial to explore the potential of onboarding these assets onto the blockchain network.

— ZOTH (@zothdotio) November 25, 2024

As a crypto investor, I find the assurance of investing with ZTLN Prime particularly appealing. Being backed by U.S. Treasury Exchange-Traded Funds (ETFs) and money market funds (MMFs) managed by reputable asset managers provides a solid foundation for my investments. Furthermore, having these assets custodied by Doo Group adds an extra layer of security. With ZTLN Prime, I am confident that I can optimize my treasury assets while consistently earning returns in a secure environment.

One innovative approach introduced by two pioneers in the Web3 space is designed to enhance DeFi returns and maintain security and liquidity. This methodology also allows for the creation of compliant, tokenized funds that can facilitate the blockchain transition of a wide range of real-world and AI-related assets across different categories, including but not limited to traditional and artificial intelligence assets.

In 2024, Pritam Dutta, the CEO of Zoth, emphasizes that the ZTLN-P asset represents a comprehensive overhaul of the existing on-chain Risk Weighted Asset (RWA) structure.

Through a strategic collaboration, ZTLN-P represents an innovative product that merges high-quality short-term investments like Blackrock’s iShares Treasury Bond ETF with the efficiency and transparency offered by blockchain technology. This partnership, backed by Singularity Finance’s unique know-how, signifies the dawn of a new age where DeFi (Decentralized Finance) transitions from being a speculative market to a credible alternative to conventional finance.

Leveraging its extensive knowledge in managing Decentralized Finance assets, Singularity Finance introduces a tokenization structure for the debut of ZTLN-P.

As a forward-thinking crypto investor, I appreciate the innovative approach of ZTLN-P, a platform designed to deliver optimized, secure returns with minimal risk. What’s more, it doesn’t bind me to any lock-in periods, offering flexibility that suits my investment strategy. On top of that, SFI’s tokenization framework stands out for its robust regulatory compliance. It aligns with the standards set by the Cayman Islands Monetary Authority (CIMA) and the revised Mutual Funds Act (2021), ensuring a level of legal certainty in my investments that is hard to find elsewhere.

More opportunities for TradFi-backed tokenized RWAs

Mario Casiraghi, the co-founder of SingularityDAO and Singularity Finance, extends an invitation to all potential investors and Decentralized Finance (DeFi) innovators to explore a novel kind of tokenized financial asset.

ZTLN Prime signifies a significant advancement in connecting conventional finance with decentralized finance. By merging Zoth’s proficiency in tokenizing top-tier real-world assets, we’re offering an investment-grade product that ensures security, liquidity, and transparency within the global Web3 community.

Instead of focusing on high-risk DeFi strategies that cause price fluctuations, ZTLN-P emphasizes security, ample liquidity, and transparency, establishing a fresh benchmark for top-tier DeFi solutions.

By focusing on secure, regulation-compliant financial tools, ZTLN-P stands out as the benchmark for RWA tokens, instilling trust among institutional investors that their funds are invested in well-scrutinized strategies aimed at safeguarding capital and providing reliable returns.

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2024-12-17 18:16