Treasury · illustrative
Tokenised Treasury
Issuers exploring a cash-like digital representation.
- Who it is for
- Issuers exploring a cash-like digital representation.
- Typical structure
- Legal product first. Digital unit only with counsel and partners.
- Investor access
- Allowlisted professional holders.
- Asset model
- Short-dated government or cash instruments as documented.
- Liquidity model
- Dealing depends on the wrapper, not on the token standard.
- Partner categories
- Legal, admin, custody, tokenisation tech, transfer agent.
- Risk and disclosure topics
- Wrapper, custody, smart-contract and regulatory risk. Not a cash guarantee.
- Digital rail options
- Permissioned digital unit
- Modules
- Issue, Register, Verify, PartnerOS
- Vehicle
- Fund or note
- Standard
- Permissioned