Stable, Theo's $100 million investment in ULTRA: The logic behind the trillion-dollar financial blueprint of the "Singapore Network" is as follows.

CN
1 hour ago

Stable, Theo's $100 million investment in ULTRA: The trillion-dollar financial blueprint of the "Singapore Network"

The logic is as follows.

First, ULTRA is a tokenized U.S. Treasury fund that has received the highest rating of Particula AAA, jointly managed by Wellington Management and FundBridge Capital, which is regulated by the Monetary Authority of Singapore.

Second, GIC (Government of Singapore Investment Corporation) co-invested with Wellington Management in FalconX and Anchorage. The latter has made a total of three investments in the crypto space, with only the investment in Coinbase not co-invested with GIC.

Third, it can be seen that Singapore's "national team" has matured in entering the on-chain tokenized asset management model through regulatory compliance, technological infrastructure, asset management, and rating certification.

The investment from Stable and @Theo_Network provides the initial liquidity for this new financial infrastructure.

Long Theo 🫡

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