Omni Network has integrated the tokenized American treasuries fund of Superstate and added it to the balance sheet as part of the efforts to optimize Treasury Management.
The interoperability protocol announced the collaboration with Superstate on 17 February.
The plan is to use the short duration of Superstate US Government Securities Fund USTB as part of its strategy for the treasury management. Omni Network, powered by the Omni -Toks, will use the tokenized treasuries Asset to grow his balance.
This will help the team to optimize their strategies for managing the treasury “while retaining liquidity and flexibility.”
Superstate’s USTB, currently a tokenized treasuries product of $ 274 million, offers investment exposure to American treasuries. The fund enables holders to manage capital efficiently, with inactive assets that have been used to achieve revenues.
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Capital in efficiency and fragmentation remain important challenges in the crypto space, making tokenized assets such as USTB a valuable tool. Omni network will, for example, benefit from real-time liquidity, continuous prices and access to multiple chains.
Omni’s integration of USTB only comes a few days after Superstate extensive multi-chain access, starting with Real-World Asset Finance Platform Plume Network.
Earlier this year, Omni Network and Plume announced a collaboration aimed at developing an efficient distribution engine for Real-World assets.
In addition, Omni Network collaborated with decentralized AI network Allora to utilize artificial intelligence in optimizing the prices and management of Real-World assets.
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