As per Coindesk, Stable and Theo have jointly committed more than $100 million to the Delta Wellington Ultra Short Treasury On-Chain Fund (ULTRA), a tokenized U.S. Treasury fund managed by FundBridge Capital and Wellington Management. The fund, backed by Libeara’s tokenization platform, has received a AAA rating from Particula and is one of the first institutional-grade Treasury strategies available in tokenized form on Stable’s USDT-powered stablechain. The capital infusion provides ULTRA with immediate liquidity for institutional investors seeking on-chain access to short-duration U.S. Treasury bills. Theo’s thBILL token offers on-chain exposure to ULTRA’s underlying strategy, while Libeara ensures regulatory compliance. The partnership includes Standard Chartered’s custody services and highlights growing institutional interest in tokenized real-world assets.
Stable and Theo Commit Over $100M to Libeara-Powered Tokenized Treasury Fund ULTRA
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