Hamilton, a crypto startup, has launched tokenized US Treasury bonds on Bitcoin layer-2 blockchains. According to the company, this innovative move marks a first in the crypto world.
The tokenized bonds tagged Hamilton U.S. T-Bills (HUST) are now available on Core, Stacks, and Build on Bitcoin (BoB) Bitcoin layer-2 solutions. The first HUST transaction occurred on July 4, signaling a new era in decentralized finance.
Bridging Traditional Finance and DeFi
Hamilton’s initiative combines the stability of the Bitcoin network with US dollar reliability, offering a unique advantage in the DeFi landscape.
3/8 With Real-World Asset (RWA) market projections reaching $16 trillion by 2030, tokenizing these assets on Bitcoin will provide unprecedented security, transparency, and liquidity 🔐💰
— Hamilton (@Hamilton_RWA) July 4, 2024
Kasstawi, Hamilton’s CEO, believes this move marks a historic step towards…
