Fixed Income Products

On March 17th, DigiFT, the decentralized digital asset exchange, has issued its first perpetual bond support token (PBRT01). After the subscription period, DigiFT has officially started AMM trading of PBRT01 on March 16th. PERT01 is issued by Red Cedar Digital Pte Ltd (a subsidiary of Digital FT), and the underlying assets are 8% perpetual bonds of Barclays Bank, which are held in trust by Citibank. PBRT01 can support qualified investors to subscribe using US dollars or USDC, and Web3 investors can invest in fixed income products without requiring a bank account. Investors can exchange assets on the chain through AMM, OTC, and P2P trading methods or redeem assets off the chain through issuers. DigiFT issues perpetual bonds to support tokens and supports the use of USDC and US dollars to subscribe for real world assets Analysis based on this information:DigiFT, a decentralized digital asset exchange, has recently introduced its first perpetual bond support token (PBRT01) on March 17th. This announcement…