{ "meta": { "publisher": "Bitcoin Family Education (bitcoinfamilyeducation.com)", "dataset": "Tokenized-asset fact checker v1", "built": "2026-10-25", "disclaimer": "Information, not investment advice. Bitcoin Family Education is an impersonal publisher: no recommendations, no rankings by merit, no paid placement. Facts are copied from cited issuer and regulator sources on the retrieved date; 'unknown' means we could not verify it. Check the issuer's documents before acting.", "product_count": 33, "counts": { "tokenized_treasury": 22, "stablecoin": 11 }, "field_coverage": { "verified": 455, "unknown": 207, "conflict": 5 }, "license": "CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/)", "licensing_pass": { "removed_aggregator_aum": 18, "fields_set_unknown": 32 }, "field_schema": "{value, status: verified|unknown|conflict, source, source_type: issuer|regulator|third_party|mixed, retrieved, note}" }, "regulatory_context": [ { "id": "occ-genius-final-rule", "title": "OCC final rule implementing the GENIUS Act for OCC-supervised stablecoin issuers", "published": { "value": "2026-10-23", "status": "verified", "source": "https://www.federalregister.gov/documents/2026/10/23/2026-21706/implementing-the-guiding-and-establishing-national-innovation-for-us-stablecoins-act-for-the", "source_type": "regulator", "retrieved": "2026-10-25" }, "effective": { "value": "2027-01-18", "status": "verified", "source": "https://www.federalregister.gov/documents/2026/10/23/2026-21706/implementing-the-guiding-and-establishing-national-innovation-for-us-stablecoins-act-for-the", "source_type": "regulator", "retrieved": "2026-10-25" }, "docket": { "value": "OCC-2025-0372; RIN 1557-AF41", "status": "verified", "source": "https://www.federalregister.gov/api/v1/documents/2026-21706.json", "source_type": "regulator", "retrieved": "2026-10-25" }, "pdf": "https://www.govinfo.gov/content/pkg/FR-2026-10-23/pdf/2026-21706.pdf", "summary": "Regulations for issuance of payment stablecoins and related activities by entities under OCC jurisdiction (national banks/trust banks and subsidiaries). Detailed requirements not summarized here; read the rule." }, { "id": "genius-reserve-context", "title": "Which tracked products relate to GENIUS reserve rules", "summary": "JLTXX states it is managed to satisfy GENIUS Act eligible reserve-asset requirements (source in jltxx record). PYUSD issuer Paxos Trust Company N.A. and USD1 issuer BitGo Bank & Trust N.A. are OCC-chartered; USDT issuer is El Salvador-based. This is descriptive, not a compliance determination." } ], "products": [ { "id": "ondo-usdy", "ticker": "USDY", "name": "Ondo US Dollar Yield Token", "category": "tokenized_treasury", "issuer": { "value": "Ondo Global Markets (BVI) Limited (tokenization services by Ondo Finance Inc.)", "status": "conflict", "source": "https://docs.ondo.finance/general-access-products/usdy/important-notes", "other_sources": [ "https://ondo.finance/usdy" ], "source_type": "mixed", "retrieved": "2026-10-25", "note": "Disputed. Ondo's USDY important notes say USDY is issued by Ondo Global Markets (BVI) Limited, a British Virgin Islands business company; the ondo.finance/usdy page shows 'Issuer Domicile: United States'." }, "product_type": { "value": "Tokenized bearer note (debt issued by bankruptcy-remote entity), accumulating price; rebasing version rUSDY", "status": "verified", "source": "https://ondo.finance/usdy", "source_type": "issuer", "retrieved": "2026-10-25" }, "legal_framework": { "value": "Continuous Regulation S offering; issuer not registered under the Investment Company Act", "status": "verified", "source": "https://docs.ondo.finance/general-access-products/usdy/important-notes", "source_type": "issuer", "retrieved": "2026-10-25" }, "underlying": { "value": "Short-term US Treasuries, iShares 0-1yr Treasury ETF (tokenized SHVon) and bank demand deposits", "status": "verified", "source": "https://ondo.finance/usdy", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": [ "Ethereum", "Mantle", "Solana", "Sui", "Aptos", "Noble", "Arbitrum", "Stellar", "Sei", "Tempo", "BNB Chain" ], "status": "verified", "source": "https://ondo.finance/usdy", "source_type": "issuer", "retrieved": "2026-10-25" }, "eligibility": { "us_persons": { "value": false, "status": "verified", "source": "https://docs.ondo.finance/general-access-products/usdy/eligibility", "source_type": "issuer", "retrieved": "2026-10-25", "note": "US persons (Reg S Rule 902) prohibited from subscribing, acquiring or redeeming" }, "investor_types": { "value": [ "Non-US individuals", "Non-US institutions" ], "status": "verified", "source": "https://ondo.finance/usdy", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Qualified/professional investor status required in UK, EEA, Switzerland, Singapore, Hong Kong, Malaysia, Brazil" }, "kyc_required": { "value": true, "status": "verified", "source": "https://ondo.finance/usdy", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Buy directly after onboarding; may be traded peer-to-peer on-chain (freely transferable after holding period per issuer)" }, "excluded_jurisdictions": { "value": [ "Afghanistan", "Belarus", "Canada", "Crimea/DNR/LNR/Kherson/Zaporizhzhia/Sevastopol", "Cuba", "North Korea", "Iran", "Libya", "Myanmar", "Russia", "Somalia", "South Sudan", "Sudan", "Syria", "United States" ], "status": "verified", "source": "https://docs.ondo.finance/general-access-products/usdy/eligibility", "source_type": "issuer", "retrieved": "2026-10-25" }, "restricted_jurisdictions": { "value": { "EEA": "Professional client / qualified investor", "UK": "Professional client / qualified investor", "Switzerland": "Professional or institutional client", "Singapore": "Accredited or institutional investor", "Hong Kong": "Professional investor", "Malaysia": "Sophisticated investor", "Brazil": "Qualified or professional investor" }, "status": "verified", "source": "https://docs.ondo.finance/general-access-products/usdy/eligibility", "source_type": "issuer", "retrieved": "2026-10-25" } }, "minimums": { "initial": { "value": null, "status": "unknown", "note": "Ondo pages reviewed state a $5,000 minimum only for minting on Sui/Aptos/Stellar/XRP/Noble and USD wires for $100K+; general web-app minimum not stated", "sources_checked": [ "https://docs.ondo.finance/general-access-products/usdy/basics", "https://ondo.finance/usdy" ] }, "other": { "value": "$5,000 minimum to mint/redeem on Sui, Aptos, Stellar, XRP or Noble; USD bank wire subscriptions for $100K+", "status": "verified", "source": "https://docs.ondo.finance/general-access-products/usdy/basics", "source_type": "issuer", "retrieved": "2026-10-25" } }, "subscription": { "frequency": { "value": "Daily (mint with USDC at any time after onboarding)", "status": "verified", "source": "https://docs.ondo.finance/general-access-products/usdy/basics", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USDC", "USD (wire, $100K+)" ], "status": "verified", "source": "https://docs.ondo.finance/general-access-products/usdy/basics", "source_type": "issuer", "retrieved": "2026-10-25" }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://ondo.finance/usdy", "https://docs.ondo.finance/general-access-products/usdy/basics" ] } }, "redemption": { "frequency": { "value": "Daily", "status": "verified", "source": "https://ondo.finance/usdy", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USDC (via Ondo Global Markets)", "USD by wire to non-US bank accounts only" ], "status": "verified", "source": "https://docs.ondo.finance/general-access-products/usdy/basics", "source_type": "issuer", "retrieved": "2026-10-25" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://docs.ondo.finance/general-access-products/usdy/basics" ] }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://ondo.finance/usdy" ] }, "gates": { "value": "Only non-US persons may redeem; USD only to non-US bank accounts", "status": "verified", "source": "https://ondo.finance/usdy", "source_type": "issuer", "retrieved": "2026-10-25" } }, "fees": { "management": { "value": null, "status": "unknown", "note": "No separate management fee stated on pages reviewed; token yield is set by issuer (issuer economics not disclosed on these pages)", "sources_checked": [ "https://ondo.finance/usdy", "https://docs.ondo.finance/general-access-products/usdy/basics" ] } }, "transferability": { "value": "Freely transferable (permissionless bearer token), subject to issuer terms", "status": "verified", "source": "https://ondo.finance/usdy", "source_type": "issuer", "retrieved": "2026-10-25" }, "aum": { "issuer_reported": { "value": { "usdy_outstanding_usd": 2060000000.0, "underlying_assets_usd": 2404341313, "collateralization_ratio_pct": 153.73, "as_of": "2026-10-22" }, "status": "verified", "source": "https://ondo.finance/usdy", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Ondo 'Portfolio Overview' as of Oct 22, 2026 7:59pm EDT, figures as displayed. Note: underlying assets divided by USDY outstanding is about 116.7%, which does not match the displayed 153.73% ratio; Ondo does not explain the method on that page." } }, "reserve_report": { "kind": { "value": "Issuer-published portfolio overview (positions, WAM, YTM) on product page", "status": "verified", "source": "https://ondo.finance/usdy", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://ondo.finance/usdy", "status": "verified", "source": "https://ondo.finance/usdy", "source_type": "issuer", "retrieved": "2026-10-25" }, "date": { "value": "2026-10-22", "status": "verified", "source": "https://ondo.finance/usdy", "source_type": "issuer", "retrieved": "2026-10-25" }, "third_party_attestation": { "value": null, "status": "unknown", "note": "No independent attestation report link found on the pages reviewed", "sources_checked": [ "https://ondo.finance/usdy", "https://docs.ondo.finance/llms.txt" ] } }, "official_url": "https://ondo.finance/usdy", "coverage": { "verified": 20, "unknown": 6, "conflict": 1 } }, { "id": "circle-usyc", "ticker": "USYC", "name": "Circle USYC (Hashnote International Short Duration Fund Ltd.)", "category": "tokenized_treasury", "issuer": { "value": "Hashnote International Short Duration Fund Ltd. (Cayman Islands registered mutual fund); token administrator Circle International Bermuda Limited (BMA-licensed)", "status": "verified", "source": "https://www.circle.com/usyc", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "Tokenized money market fund share (accumulating price)", "status": "verified", "source": "https://www.circle.com/usyc", "source_type": "issuer", "retrieved": "2026-10-25" }, "legal_framework": { "value": "Cayman Islands registered mutual fund; token administrator regulated by Bermuda Monetary Authority; non-US persons only (Reg S)", "status": "verified", "source": "https://www.circle.com/usyc", "source_type": "issuer", "retrieved": "2026-10-25" }, "underlying": { "value": "US Treasury bills (up to six months) and reverse repurchase agreements backed by short-term US government securities", "status": "verified", "source": "https://www.circle.com/usyc", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": [ "Arc", "BNB Chain", "Canton", "Ethereum", "NEAR", "Solana" ], "status": "verified", "source": "https://www.circle.com/usyc", "source_type": "issuer", "retrieved": "2026-10-25" }, "eligibility": { "us_persons": { "value": false, "status": "verified", "source": "https://www.circle.com/usyc", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Only available to non-US Persons as defined under the Securities Act" }, "investor_types": { "value": [ "Non-US institutions" ], "status": "verified", "source": "https://www.circle.com/usyc", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Page framed for institutions; additional eligibility restrictions may apply" }, "kyc_required": { "value": true, "status": "verified", "source": "https://www.circle.com/usyc", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Eligible investors only; fund documentation on request" } }, "minimums": { "initial": { "value": 100000, "status": "verified", "source": "https://www.circle.com/usyc", "source_type": "issuer", "retrieved": "2026-10-25", "note": "USD-equivalent (USDC)" } }, "subscription": { "frequency": { "value": "Any time (24/7), near-instant on-chain settlement", "status": "verified", "source": "https://www.circle.com/usyc", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USDC" ], "status": "verified", "source": "https://www.circle.com/usyc", "source_type": "issuer", "retrieved": "2026-10-25" }, "fee": { "value": "0.04%; 0% on combined daily volume up to $1M; after-hours subscriptions priced on projected next price", "status": "verified", "source": "https://www.circle.com/usyc", "source_type": "issuer", "retrieved": "2026-10-25" } }, "redemption": { "frequency": { "value": "24/7", "status": "verified", "source": "https://www.circle.com/usyc", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USDC" ], "status": "verified", "source": "https://www.circle.com/usyc", "source_type": "issuer", "retrieved": "2026-10-25" }, "settlement_time": { "value": "One block below instant-redemption capacity; T+0 or T+1 above it", "status": "verified", "source": "https://www.circle.com/usyc", "source_type": "issuer", "retrieved": "2026-10-25" }, "fee": { "value": "0.03%; 0% on combined daily volume up to $1M", "status": "verified", "source": "https://www.circle.com/usyc", "source_type": "issuer", "retrieved": "2026-10-25" }, "gates": { "value": "Instant redemption limited by instant-redemption capacity; unlimited instant redemptions available for a fee", "status": "verified", "source": "https://www.circle.com/usyc", "source_type": "issuer", "retrieved": "2026-10-25" } }, "fees": { "management": { "value": null, "status": "unknown", "note": "No management fee stated on product page", "sources_checked": [ "https://www.circle.com/usyc" ] }, "performance": { "value": "10% of yield", "status": "verified", "source": "https://www.circle.com/usyc", "source_type": "issuer", "retrieved": "2026-10-25" } }, "aum": { "issuer_reported": { "value": 312976695.16, "status": "verified", "source": "https://www.circle.com/usyc", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Circle 'Key facts' AUM, undated on the page" } }, "reserve_report": { "kind": { "value": "On-chain oracle feed for balance, yield and price; fund documentation on request", "status": "verified", "source": "https://www.circle.com/usyc", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": null, "status": "unknown", "note": "No public reserve or audit report link on product page", "sources_checked": [ "https://www.circle.com/usyc" ] }, "date": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "official_url": "https://www.circle.com/usyc", "coverage": { "verified": 20, "unknown": 3, "conflict": 0 } }, { "id": "ondo-ousg", "ticker": "OUSG", "name": "Ondo Short-Term US Government Treasuries Fund", "category": "tokenized_treasury", "issuer": { "value": "Ondo I LP (Ondo Qualified-Access Funds)", "status": "verified", "source": "https://ondo.finance/ousg", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Legal structure: limited partnership interests" }, "product_type": { "value": "Tokenized limited partnership interests (fund of tokenized money market funds)", "status": "verified", "source": "https://ondo.finance/ousg", "source_type": "issuer", "retrieved": "2026-10-25" }, "legal_framework": { "value": "Continuous Regulation D Rule 506(c) offering", "status": "verified", "source": "https://ondo.finance/ousg", "source_type": "issuer", "retrieved": "2026-10-25" }, "underlying": { "value": "Mostly tokenized MMFs: SWEEP 47.49%, BUIDL 31.96%, BENJI 12.18%, FYOXX 7.38%, plus USDC and bank deposits (as of Oct 23, 2026)", "status": "verified", "source": "https://ondo.finance/ousg", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": [ "Ethereum", "Polygon", "Solana", "XRP Ledger" ], "status": "verified", "source": "https://ondo.finance/ousg", "source_type": "issuer", "retrieved": "2026-10-25" }, "eligibility": { "us_persons": { "value": true, "status": "verified", "source": "https://ondo.finance/ousg", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Eligible countries including the US" }, "investor_types": { "value": [ "Accredited investor", "Qualified purchaser" ], "status": "verified", "source": "https://ondo.finance/ousg", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Ondo requires both. Qualified purchaser test (15 U.S.C. 80a-2(a)(51)): individuals owning at least $5M in investments; most entities at least $25M in investments." }, "kyc_required": { "value": true, "status": "verified", "source": "https://docs.ondo.finance/qualified-access-products/ousg/eligibility-and-onboarding", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Must onboard to Ondo Qualified-Access Funds to invest, redeem, hold or receive" } }, "minimums": { "initial": { "value": 5000, "status": "verified", "source": "https://ondo.finance/ousg", "source_type": "issuer", "retrieved": "2026-10-25", "note": "USD 5,000 for instant mints in USDC (0% fee). Regular (non-instant, USD) subscriptions: USD 100,000 minimum." }, "redemption": { "value": 5000, "status": "verified", "source": "https://ondo.finance/ousg", "source_type": "issuer", "retrieved": "2026-10-25", "note": "USD 5,000 for instant redemptions. Regular (non-instant) redemptions: USD 50,000 minimum." } }, "subscription": { "frequency": { "value": "24/7 instant via USDC; daily via USD", "status": "verified", "source": "https://ondo.finance/ousg", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USDC", "USD (wire)" ], "status": "verified", "source": "https://ondo.finance/ousg", "source_type": "issuer", "retrieved": "2026-10-25" }, "fee": { "value": "0% instant mint fee", "status": "verified", "source": "https://ondo.finance/ousg", "source_type": "issuer", "retrieved": "2026-10-25" } }, "redemption": { "frequency": { "value": "24/7 instant via USDC; business days via USD", "status": "verified", "source": "https://ondo.finance/ousg", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USDC", "USD" ], "status": "verified", "source": "https://ondo.finance/ousg", "source_type": "issuer", "retrieved": "2026-10-25" }, "settlement_time": { "value": "Instant (atomic) for instant redemptions; non-instant typically next business day if submitted before 4pm ET", "status": "verified", "source": "https://docs.ondo.finance/qualified-access-products/ousg/redeeming", "source_type": "issuer", "retrieved": "2026-10-25" }, "fee": { "value": "0% instant redemption fee", "status": "verified", "source": "https://ondo.finance/ousg", "source_type": "issuer", "retrieved": "2026-10-25" }, "gates": { "value": "Instant mint/redeem limits apply", "status": "verified", "source": "https://docs.ondo.finance/qualified-access-products/ousg/redeeming", "source_type": "issuer", "retrieved": "2026-10-25" } }, "fees": { "management": { "value": "0.15% (waived to 0% until Jan 1, 2027)", "status": "verified", "source": "https://docs.ondo.finance/qualified-access-products/ousg/fees-and-taxes", "source_type": "issuer", "retrieved": "2026-10-25" }, "other": { "value": "Fund expenses up to 0.15% p.a.; underlying fund expenses reduce returns", "status": "verified", "source": "https://ondo.finance/ousg", "source_type": "issuer", "retrieved": "2026-10-25" } }, "transferability": { "value": "Only onboarded Qualified-Access investors may hold, transfer or receive", "status": "verified", "source": "https://docs.ondo.finance/qualified-access-products/ousg/eligibility-and-onboarding", "source_type": "issuer", "retrieved": "2026-10-25" }, "aum": { "issuer_reported": { "value": { "value_usd": 319376537, "as_of": "2026-10-23" }, "status": "verified", "source": "https://ondo.finance/ousg", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Value of underlying assets" } }, "reserve_report": { "kind": { "value": "Daily financials from fund administrator NAV Consulting (may lag up to 3 days); annual audit provided to investors", "status": "verified", "source": "https://docs.ondo.finance/qualified-access-products/ousg/trust-and-transparency", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://drive.google.com/drive/folders/1Ti8IzoXTibM3B2RWxystT38ISrPH-rRP", "status": "verified", "source": "https://docs.ondo.finance/qualified-access-products/ousg/trust-and-transparency", "source_type": "issuer", "retrieved": "2026-10-25" }, "date": { "value": "Daily (up to 3-day lag)", "status": "verified", "source": "https://docs.ondo.finance/qualified-access-products/ousg/trust-and-transparency", "source_type": "issuer", "retrieved": "2026-10-25" } }, "tax_note": { "value": "Taxed as a partnership; investors receive Schedule K-1", "status": "verified", "source": "https://docs.ondo.finance/qualified-access-products/ousg/fees-and-taxes", "source_type": "issuer", "retrieved": "2026-10-25" }, "official_url": "https://ondo.finance/ousg", "coverage": { "verified": 26, "unknown": 0, "conflict": 0 } }, { "id": "blackrock-buidl", "ticker": "BUIDL", "name": "BlackRock USD Institutional Digital Liquidity Fund", "category": "tokenized_treasury", "issuer": { "value": "BlackRock USD Institutional Digital Liquidity Fund Ltd. (British Virgin Islands); tokenized and placed by Securitize", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/2013810/000201381026000002/xslFormDX01/primary_doc.xml", "source_type": "regulator", "retrieved": "2026-10-25", "note": "Entity name and jurisdiction from SEC Form D/A filed 2026-07-27 (accession 0002013810-26-000002)" }, "product_type": { "value": "Tokenized private fund shares (stable $1 NAV, dividends paid as new tokens)", "status": "verified", "source": "https://forum.arbitrum.foundation/t/securitize-markets-buidl-step-application/23652", "source_type": "third_party", "retrieved": "2026-10-25" }, "legal_framework": { "value": "Private placement under Reg D Rule 506(c); Investment Company Act exemptions 3(c)(1)/3(c)(7) claimed on Form D", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/2013810/000201381026000002/xslFormDX01/primary_doc.xml", "source_type": "regulator", "retrieved": "2026-10-25", "note": "SEC Form D/A filed 2026-07-27 lists exemptions 06c, 3C and 3C.7" }, "chains": { "value": [ "Ethereum", "Aptos", "Arbitrum", "Avalanche", "OP Mainnet", "Polygon", "Solana" ], "status": "verified", "source": "https://www.prnewswire.com/news-releases/blackrock-launches-new-buidl-share-classes-across-multiple-blockchains-to-expand-access-and-potential-of-buidl-ecosystem-302304035.html", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Ethereum (launch, Mar 2024); Aptos, Arbitrum, Avalanche, OP Mainnet, Polygon share classes per BlackRock release Nov 13, 2024; Solana per Securitize release Mar 25, 2025. Later additions not confirmed in an issuer document." }, "eligibility": { "us_persons": { "value": true, "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/2013810/000201381026000002/xslFormDX01/primary_doc.xml", "source_type": "regulator", "retrieved": "2026-10-25", "note": "US offering under Rule 506(c) with 3(c)(7): US buyers must be accredited and qualified purchasers (Form D/A 2026-07-27 reports no non-accredited investors)" }, "investor_types": { "value": [ "Accredited investors who are qualified purchasers (US)" ], "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/2013810/000201381026000002/xslFormDX01/primary_doc.xml", "source_type": "regulator", "retrieved": "2026-10-25", "note": "Form D/A (2026-07-27): 28 investors, none non-accredited. Qualified purchaser test for individuals is at least $5M in investments (15 U.S.C. 80a-2(a)(51))." }, "kyc_required": { "value": true, "status": "verified", "source": "https://forum.arbitrum.foundation/t/securitize-markets-buidl-step-application/23652", "source_type": "third_party", "retrieved": "2026-10-25", "note": "Whitelisted wallets only" } }, "minimums": { "initial": { "value": 5000000, "status": "conflict", "source": "https://www.prnewswire.com/news-releases/blackrock-launches-new-buidl-share-classes-across-multiple-blockchains-to-expand-access-and-potential-of-buidl-ecosystem-302304035.html", "other_sources": [ "https://www.sec.gov/Archives/edgar/data/2013810/000201381026000002/xslFormDX01/primary_doc.xml" ], "source_type": "mixed", "retrieved": "2026-10-25", "note": "Disputed. BlackRock's own releases (Mar 20, 2024 and Nov 13, 2024) state an initial investment minimum of USD 5,000,000. Every SEC Form D for the fund (2024-03-18, 2025-07-18 and the 2026-07-27 amendment) lists USD 100,000 as the minimum investment accepted from any outside investor. The filing figure may be a legal floor rather than the operating minimum; confirm with Securitize." }, "redemption": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" } }, "subscription": { "frequency": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "currency": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [] } }, "redemption": { "frequency": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "currency": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [] }, "gates": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" } }, "fees": { "management": { "value": "0.50% (Ethereum, Arbitrum, OP Mainnet share classes); 0.20% (Aptos, Avalanche, Polygon share classes)", "status": "verified", "source": "https://www.prnewswire.com/news-releases/blackrock-launches-new-buidl-share-classes-across-multiple-blockchains-to-expand-access-and-potential-of-buidl-ecosystem-302304035.html", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Fee is set per share class (blockchain), so 0.50% and 0.20% are both correct for different classes. Source: BlackRock release Nov 13, 2024. Solana and later class fees not stated in an issuer document we found." } }, "aum": { "form_d_total_sold": { "value": { "value_usd": 5135523412, "as_of": "2026-07-23" }, "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/2013810/000201381026000002/xslFormDX01/primary_doc.xml", "source_type": "regulator", "retrieved": "2026-10-25", "note": "Total amount sold since first sale, per Form D/A (signed 2026-07-23). Cumulative sales, not current AUM." }, "issuer_reported": { "value": null, "status": "unknown", "note": "BlackRock/Securitize publish no public AUM figure for BUIDL that we found (checked 2026-10-25). Aggregator figures are not republished here." } }, "reserve_report": { "kind": { "value": null, "status": "unknown", "note": "No public reserve or holdings report page for BUIDL found from BlackRock or Securitize (checked 2026-10-25)", "sources_checked": [ "https://securitize.io/blackrock/buidl" ] }, "url": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "date": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "source_quality_note": "BUIDL has no public prospectus. Facts come from SEC Form D filings, BlackRock and Securitize releases, and (for product type and KYC) the Securitize-submitted Arbitrum governance application.", "official_url": "https://securitize.io/blackrock/buidl", "coverage": { "verified": 9, "unknown": 13, "conflict": 1 } }, { "id": "franklin-benji", "ticker": "BENJI", "name": "Franklin OnChain U.S. Government Money Fund (FOBXX)", "category": "tokenized_treasury", "issuer": { "value": "Franklin Templeton Trust / Franklin Advisers, Inc. (sub-advisor Western Asset since May 18, 2026)", "status": "verified", "source": "https://www.franklintempleton.com/investments/options/money-market-funds/products/29386/SINGLCLASS/franklin-on-chain-u-s-government-money-fund/FOBXX", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "SEC-registered government money market fund (1940 Act, Rule 2a-7), shares recorded on-chain; $1.00 stable NAV", "status": "verified", "source": "https://www.franklintempleton.com/investments/options/money-market-funds/products/29386/SINGLCLASS/franklin-on-chain-u-s-government-money-fund/FOBXX", "source_type": "issuer", "retrieved": "2026-10-25" }, "legal_framework": { "value": "Investment Company Act of 1940 registered fund", "status": "verified", "source": "https://www.franklintempleton.com/investments/options/money-market-funds/products/29386/SINGLCLASS/franklin-on-chain-u-s-government-money-fund/FOBXX", "source_type": "issuer", "retrieved": "2026-10-25" }, "underlying": { "value": "At least 99.5% in US government securities, cash and fully collateralized repos", "status": "verified", "source": "https://www.franklintempleton.com/investments/options/money-market-funds/products/29386/SINGLCLASS/franklin-on-chain-u-s-government-money-fund/FOBXX", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": [ "Stellar", "Aptos", "Arbitrum", "Avalanche", "Base", "Ethereum", "Polygon", "Solana" ], "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/1786958/000165558926000970/c485bpos.htm", "source_type": "regulator", "retrieved": "2026-10-25", "note": "Stellar is the primary network; the others are available on request, subject to eligibility (prospectus Aug 1, 2026)" }, "eligibility": { "us_persons": { "value": true, "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/1786958/000165558926000970/c485bpos.htm", "source_type": "regulator", "retrieved": "2026-10-25", "note": "SEC-registered US mutual fund; individuals open accounts in the Benji app, institutions via the Institutional Web Portal" }, "investor_types": { "value": [ "Individuals (Benji app)", "Institutions (Institutional Web Portal)" ], "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/1786958/000165558926000970/c485bpos.htm", "source_type": "regulator", "retrieved": "2026-10-25" }, "kyc_required": { "value": true, "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/1786958/000165558926000970/c485bpos.htm", "source_type": "regulator", "retrieved": "2026-10-25", "note": "Fund collects information under its AML/KYC procedures before an account opens" } }, "minimums": { "initial": { "value": 20, "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/1786958/000165558926000970/c485bpos.htm", "source_type": "regulator", "retrieved": "2026-10-25", "note": "USD, varies by blockchain: Stellar $20; Aptos, Base, Solana $100; Polygon, Arbitrum $1,000; Avalanche $20,000; Ethereum $5,000,000. No minimum for later purchases. Fund may waive or change these." }, "by_chain": { "value": { "Stellar": 20, "Aptos": 100, "Base": 100, "Solana": 100, "Polygon": 1000, "Arbitrum": 1000, "Avalanche": 20000, "Ethereum": 5000000 }, "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/1786958/000165558926000970/c485bpos.htm", "source_type": "regulator", "retrieved": "2026-10-25", "note": "USD, prospectus 'Buying Shares'" } }, "subscription": { "frequency": { "value": "Fund business days (NYSE and FRBNY open); NAV typically hourly 8am-5pm ET; same-day orders before 2pm PT", "status": "verified", "source": "https://www.franklintempleton.com/investments/options/money-market-funds/products/29386/SINGLCLASS/franklin-on-chain-u-s-government-money-fund/FOBXX", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USD" ], "status": "verified", "source": "https://www.franklintempleton.com/investments/options/money-market-funds/products/29386/SINGLCLASS/franklin-on-chain-u-s-government-money-fund/FOBXX", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Sales charge: none (no initial charge, no CDSC, no 12b-1)" }, "fee": { "value": "None (no maximum initial charge, CDSC N/A, 12b-1 N/A)", "status": "verified", "source": "https://www.franklintempleton.com/investments/options/money-market-funds/products/29386/SINGLCLASS/franklin-on-chain-u-s-government-money-fund/FOBXX", "source_type": "issuer", "retrieved": "2026-10-25" } }, "redemption": { "frequency": { "value": "Fund business days; same-day if received before 2pm PT", "status": "verified", "source": "https://www.franklintempleton.com/investments/options/money-market-funds/products/29386/SINGLCLASS/franklin-on-chain-u-s-government-money-fund/FOBXX", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USD" ], "status": "verified", "source": "https://www.franklintempleton.com/investments/options/money-market-funds/products/29386/SINGLCLASS/franklin-on-chain-u-s-government-money-fund/FOBXX", "source_type": "issuer", "retrieved": "2026-10-25" }, "settlement_time": { "value": "Proceeds sent by electronic funds transfer (ACH or Fed wire) within seven days of a request in proper form", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/1786958/000165558926000970/c485bpos.htm", "source_type": "regulator", "retrieved": "2026-10-25", "note": "Prospectus maximum; proceeds of recently purchased shares may be held until the transfer clears (up to ten calendar days)" }, "fee": { "value": "No CDSC", "status": "verified", "source": "https://www.franklintempleton.com/investments/options/money-market-funds/products/29386/SINGLCLASS/franklin-on-chain-u-s-government-money-fund/FOBXX", "source_type": "issuer", "retrieved": "2026-10-25" }, "gates": { "value": "Fund does not currently intend to impose liquidity fees; the board may add one after notice to shareholders", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/1786958/000165558926000970/c485bpos.htm", "source_type": "regulator", "retrieved": "2026-10-25" } }, "fees": { "management": { "value": "Net expense ratio 0.20% (gross 0.22%), as of Aug 1, 2026", "status": "verified", "source": "https://www.franklintempleton.com/investments/options/money-market-funds/products/29386/SINGLCLASS/franklin-on-chain-u-s-government-money-fund/FOBXX", "source_type": "issuer", "retrieved": "2026-10-25" } }, "aum": { "issuer_reported": { "value": { "value_usd": 667960000.0, "as_of": "2026-09-30" }, "status": "verified", "source": "https://www.franklintempleton.com/investments/options/money-market-funds/products/29386/SINGLCLASS/franklin-on-chain-u-s-government-money-fund/FOBXX", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Total net assets" } }, "reserve_report": { "kind": { "value": "SEC-registered fund: monthly portfolio holdings, Form N-MFP, annual and semi-annual reports", "status": "verified", "source": "https://www.franklintempleton.com/investments/options/money-market-funds/products/29386/SINGLCLASS/franklin-on-chain-u-s-government-money-fund/FOBXX", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://www.franklintempleton.com/investments/options/money-market-funds/products/29386/SINGLCLASS/franklin-on-chain-u-s-government-money-fund/FOBXX", "status": "verified", "source": "https://www.franklintempleton.com/investments/options/money-market-funds/products/29386/SINGLCLASS/franklin-on-chain-u-s-government-money-fund/FOBXX", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Documents tab" }, "date": { "value": "2026-09-30 (latest monthly holdings listed)", "status": "verified", "source": "https://www.franklintempleton.com/investments/options/money-market-funds/products/29386/SINGLCLASS/franklin-on-chain-u-s-government-money-fund/FOBXX", "source_type": "issuer", "retrieved": "2026-10-25" } }, "ratings": { "value": "S&P AAAm, Fitch AAAmmf, Moody's Aaa-mf", "status": "verified", "source": "https://www.franklintempleton.com/investments/options/money-market-funds/products/29386/SINGLCLASS/franklin-on-chain-u-s-government-money-fund/FOBXX", "source_type": "issuer", "retrieved": "2026-10-25" }, "official_url": "https://www.franklintempleton.com/investments/options/money-market-funds/products/29386/SINGLCLASS/franklin-on-chain-u-s-government-money-fund/FOBXX", "coverage": { "verified": 24, "unknown": 0, "conflict": 0 } }, { "id": "wisdomtree-wtgxx", "ticker": "WTGXX", "name": "WisdomTree Treasury Money Market Digital Fund", "category": "tokenized_treasury", "issuer": { "value": "WisdomTree (WisdomTree Digital Trust)", "status": "verified", "source": "https://www.wisdomtree.com/onchain/tokenized-funds/wtgxx", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Formerly WisdomTree Government Money Market Digital Fund (renamed Nov 1, 2025)" }, "product_type": { "value": "SEC-registered (1940 Act) money market fund; tokens are digital representations reconciled daily to book-entry record; $1.00 stable NAV", "status": "verified", "source": "https://www.wisdomtree.com/onchain/tokenized-funds/wtgxx", "source_type": "issuer", "retrieved": "2026-10-25" }, "legal_framework": { "value": "Investment Company Act of 1940 registered fund", "status": "verified", "source": "https://dataspanapi.wisdomtree.com/pdr/documents/WEBSITE_FUND_DETAILS/WDT/US/EN-US/WTGXX_3/", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": [ "Arbitrum", "Avalanche", "Base", "Ethereum", "Optimism", "Plume", "Solana", "Stellar" ], "status": "verified", "source": "https://www.wisdomtree.com/onchain/tokenized-funds/wtgxx", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Token table on issuer fund page" }, "eligibility": { "us_persons": { "value": true, "status": "verified", "source": "https://dataspanapi.wisdomtree.com/pdr/documents/WEBSITE_FUND_DETAILS/WDT/US/EN-US/WTGXX_3/", "source_type": "issuer", "retrieved": "2026-10-25", "note": "US retail via WisdomTree Prime app; institutions via WisdomTree Connect" }, "investor_types": { "value": [ "US retail (WisdomTree Prime)", "Institutions (WisdomTree Connect)" ], "status": "verified", "source": "https://dataspanapi.wisdomtree.com/pdr/documents/WEBSITE_FUND_DETAILS/WDT/US/EN-US/WTGXX_3/", "source_type": "issuer", "retrieved": "2026-10-25" }, "kyc_required": { "value": true, "status": "verified", "source": "https://dataspanapi.wisdomtree.com/pdr/documents/WEBSITE_FUND_DETAILS/WDT/US/EN-US/WTGXX_3/", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Account at WisdomTree Prime or Connect" } }, "minimums": { "initial": { "value": 1, "status": "verified", "source": "https://www.wisdomtree.com/onchain/tokenized-funds/wtgxx", "source_type": "issuer", "retrieved": "2026-10-25" } }, "subscription": { "frequency": { "value": "Fund business days", "status": "verified", "source": "https://dataspanapi.wisdomtree.com/pdr/documents/WEBSITE_FUND_DETAILS/WDT/US/EN-US/WTGXX_3/", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USD (ACH/direct deposit for retail)", "USDC or PYUSD for institutions via WisdomTree Stablecoin Conversion Service" ], "status": "verified", "source": "https://dataspanapi.wisdomtree.com/pdr/documents/WEBSITE_FUND_DETAILS/WDT/US/EN-US/WTGXX_3/", "source_type": "issuer", "retrieved": "2026-10-25" }, "fee": { "value": "No commission on primary purchases at daily NAV; commissions apply to instant purchases (see WisdomTree fee schedule)", "status": "verified", "source": "https://www.wisdomtree.com/onchain/tokenized-funds/wtgxx", "source_type": "issuer", "retrieved": "2026-10-25" } }, "redemption": { "frequency": { "value": "Fund business days", "status": "verified", "source": "https://dataspanapi.wisdomtree.com/pdr/documents/WEBSITE_FUND_DETAILS/WDT/US/EN-US/WTGXX_3/", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USD", "USDC/PYUSD (institutions, via conversion service)" ], "status": "verified", "source": "https://dataspanapi.wisdomtree.com/pdr/documents/WEBSITE_FUND_DETAILS/WDT/US/EN-US/WTGXX_3/", "source_type": "issuer", "retrieved": "2026-10-25" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://www.wisdomtree.com/onchain/tokenized-funds/wtgxx", "https://dataspanapi.wisdomtree.com/pdr/documents/WEBSITE_FUND_DETAILS/WDT/US/EN-US/WTGXX_3/" ] }, "fee": { "value": "No commission on primary or instant sales", "status": "verified", "source": "https://www.wisdomtree.com/onchain/tokenized-funds/wtgxx", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Issuer page: commissions apply only to instant purchases, not instant sales" }, "gates": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "fees": { "management": { "value": "0.25% expense ratio", "status": "verified", "source": "https://www.wisdomtree.com/onchain/tokenized-funds/wtgxx", "source_type": "issuer", "retrieved": "2026-10-25" } }, "aum": { "issuer_reported": { "value": { "value_usd": 762628026, "as_of": "2026-10-23" }, "status": "verified", "source": "https://www.wisdomtree.com/onchain/tokenized-funds/wtgxx", "source_type": "issuer", "retrieved": "2026-10-25", "note": "762,628,026 shares outstanding at $1.000 NAV on 10/23/2026 (about $763M). Earlier FAQ figure of $876M was dated 2026-04-30." } }, "reserve_report": { "kind": { "value": "SEC-registered fund reporting (prospectus, holdings, N-MFP); FAQ says it invests to meet GENIUS Act eligible-reserve requirements", "status": "verified", "source": "https://dataspanapi.wisdomtree.com/pdr/documents/WEBSITE_FUND_DETAILS/WDT/US/EN-US/WTGXX_3/", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://www.wisdomtree.com/onchain/tokenized-funds/wtgxx", "status": "verified", "source": "https://www.wisdomtree.com/onchain/tokenized-funds/wtgxx", "source_type": "issuer", "retrieved": "2026-10-25" }, "date": { "value": "2026-10-22", "status": "verified", "source": "https://www.wisdomtree.com/onchain/tokenized-funds/wtgxx", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Daily liquidity and fund characteristics as of 10/22/2026; holdings shown as of month-end" } }, "genius_note": { "value": "WisdomTree states WTGXX invests in a manner intended to satisfy GENIUS Act eligible reserve-asset requirements for payment stablecoin issuers", "status": "verified", "source": "https://dataspanapi.wisdomtree.com/pdr/documents/WEBSITE_FUND_DETAILS/WDT/US/EN-US/WTGXX_3/", "source_type": "issuer", "retrieved": "2026-10-25" }, "official_url": "https://www.wisdomtree.com/onchain/tokenized-funds/wtgxx", "coverage": { "verified": 20, "unknown": 2, "conflict": 0 } }, { "id": "franklin-ibenji", "ticker": "iBENJI", "name": "Franklin OnChain Institutional Liquidity Fund Ltd.", "category": "tokenized_treasury", "issuer": { "value": "Franklin OnChain Institutional Liquidity Fund Ltd. (BVI professional fund; Franklin Advisers as manager)", "status": "verified", "source": "https://www.bvifsc.vg/regulated-entities/franklin-onchain-institutional-liquidity-fund-ltd", "source_type": "regulator", "retrieved": "2026-10-25", "note": "BVI FSC lists it as a currently regulated Professional Fund" }, "product_type": { "value": "Private pooled investment fund (Form D industry: pooled investment fund); not a registered 1940 Act fund", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/2068319/000206831926000001/xslFormDX01/primary_doc.xml", "source_type": "regulator", "retrieved": "2026-10-25" }, "legal_framework": { "value": "Private placement under Reg D Rule 506(b); Investment Company Act 3(c)(7)", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/2068319/000206831926000001/xslFormDX01/primary_doc.xml", "source_type": "regulator", "retrieved": "2026-10-25", "note": "SEC Form D/A filed 2026-10-06 (accession 0002068319-26-000001); original Form D 2025-05-29" }, "chains": { "value": null, "status": "unknown", "note": "No public Franklin document listing iBENJI networks found (checked 2026-10-25)" }, "eligibility": { "us_persons": { "value": true, "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/2068319/000206831926000001/xslFormDX01/primary_doc.xml", "source_type": "regulator", "retrieved": "2026-10-25", "note": "US offering relies on 3(c)(7): US buyers must be qualified purchasers" }, "investor_types": { "value": [ "Qualified purchasers (US, 3(c)(7))" ], "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/2068319/000206831926000001/xslFormDX01/primary_doc.xml", "source_type": "regulator", "retrieved": "2026-10-25", "note": "Form D/A reports $0 sold and 0 investors as of signature date 2026-05-28. Non-US eligibility not stated in a document we could read." }, "kyc_required": { "value": null, "status": "unknown", "note": "Not stated in a public Franklin document (checked 2026-10-25)" } }, "minimums": { "initial": { "value": 5000000, "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/2068319/000206831926000001/xslFormDX01/primary_doc.xml", "source_type": "regulator", "retrieved": "2026-10-25", "note": "USD; Form D 'minimum investment accepted from any outside investor'" } }, "subscription": { "frequency": { "value": null, "status": "unknown", "note": "No public offering document" }, "currency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "redemption": { "frequency": { "value": null, "status": "unknown", "note": "No public offering document" }, "currency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "gates": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "fees": { "management": { "value": null, "status": "unknown", "note": "No public fee disclosure found" } }, "aum": { "issuer_reported": { "value": null, "status": "unknown", "note": "No issuer-published AUM found (checked 2026-10-25)" } }, "reserve_report": { "kind": { "value": null, "status": "unknown", "note": "No public reserve/holdings report found" }, "url": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "date": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "source_quality_note": "Franklin publishes no fund page or memorandum for iBENJI; terms here come from the BVI FSC register and a third-party reading of the SEC Form D.", "official_url": "https://www.bvifsc.vg/regulated-entities/franklin-onchain-institutional-liquidity-fund-ltd", "coverage": { "verified": 6, "unknown": 15, "conflict": 0 } }, { "id": "jpmorgan-jltxx", "ticker": "JLTXX", "name": "JPMorgan OnChain Liquidity-Token Money Market Fund (Token Class)", "category": "tokenized_treasury", "issuer": { "value": "JPMorgan Trust IV / J.P. Morgan Investment Management Inc.", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/1659326/000119312526217426/d112367d497k.htm", "source_type": "regulator", "retrieved": "2026-10-25" }, "product_type": { "value": "SEC-registered government money market fund (Rule 2a-7), stable $1.00 NAV, tokenized share class", "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/money-market/fs-ocltmm-t.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "legal_framework": { "value": "Investment Company Act of 1940 registered fund; managed to satisfy GENIUS Act eligible reserve-asset requirements", "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/money-market/fs-ocltmm-t.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "underlying": { "value": "US Treasury bills/notes/bonds, overnight repo fully collateralized by Treasuries, cash", "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/money-market/fs-ocltmm-t.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": [ "Ethereum" ], "status": "verified", "source": "https://am.jpmorgan.com/us/en/asset-management/adv/about-us/media/press-releases/jp-morgan-asset-management-launches-second-tokenized-fund-on-ethereum/", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Launch release (May 13, 2026): 'now available on the public Ethereum blockchain'. Other networks not confirmed in an issuer document." }, "eligibility": { "us_persons": { "value": true, "status": "verified", "source": "https://am.jpmorgan.com/us/en/asset-management/adv/about-us/media/press-releases/jp-morgan-asset-management-launches-second-tokenized-fund-on-ethereum/", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Launched as 'available to U.S. investors'" }, "investor_types": { "value": [ "Qualified investors subscribing through Morgan Money" ], "status": "verified", "source": "https://am.jpmorgan.com/us/en/asset-management/adv/about-us/media/press-releases/jp-morgan-asset-management-launches-second-tokenized-fund-on-ethereum/", "source_type": "issuer", "retrieved": "2026-10-25" }, "kyc_required": { "value": true, "status": "verified", "source": "https://am.jpmorgan.com/us/en/asset-management/adv/about-us/media/press-releases/jp-morgan-asset-management-launches-second-tokenized-fund-on-ethereum/", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Morgan Money platform account" } }, "minimums": { "initial": { "value": 1000000, "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/money-market/fs-ocltmm-t.pdf", "source_type": "issuer", "retrieved": "2026-10-25" } }, "subscription": { "frequency": { "value": "Daily; dealing deadline 5:00 PM ET", "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/money-market/fs-ocltmm-t.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USD", "Stablecoins via a third-party vendor" ], "status": "verified", "source": "https://am.jpmorgan.com/us/en/asset-management/adv/about-us/media/press-releases/jp-morgan-asset-management-launches-second-tokenized-fund-on-ethereum/", "source_type": "issuer", "retrieved": "2026-10-25" }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://www.sec.gov/Archives/edgar/data/1659326/000119312526217426/d112367d497k.htm" ] } }, "redemption": { "frequency": { "value": "Daily; dealing deadline 5:00 PM ET", "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/money-market/fs-ocltmm-t.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USD", "Stablecoins via a third-party vendor" ], "status": "verified", "source": "https://am.jpmorgan.com/us/en/asset-management/adv/about-us/media/press-releases/jp-morgan-asset-management-launches-second-tokenized-fund-on-ethereum/", "source_type": "issuer", "retrieved": "2026-10-25" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/money-market/fs-ocltmm-t.pdf" ] }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://www.sec.gov/Archives/edgar/data/1659326/000119312526217426/d112367d497k.htm" ] }, "gates": { "value": "Government MMF: board has not elected liquidity fees", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/1659326/000119312526217426/d112367d497k.htm", "source_type": "regulator", "retrieved": "2026-10-25" } }, "fees": { "management": { "value": "Net expenses 0.16% (gross 0.71%; management fee 0.08%), waivers through 6/30/2028", "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/money-market/fs-ocltmm-t.pdf", "source_type": "issuer", "retrieved": "2026-10-25" } }, "aum": { "issuer_reported": { "value": { "value_usd": 628480000.0, "as_of": "2026-09-30" }, "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/money-market/fs-ocltmm-t.pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Fund assets" } }, "reserve_report": { "kind": { "value": "SEC-registered fund: monthly fact sheet, holdings, Form N-MFP", "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/money-market/fs-ocltmm-t.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/money-market/fs-ocltmm-t.pdf", "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/money-market/fs-ocltmm-t.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "date": { "value": "2026-09-30", "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/money-market/fs-ocltmm-t.pdf", "source_type": "issuer", "retrieved": "2026-10-25" } }, "genius_note": { "value": "Fund states it is managed to satisfy GENIUS Act eligible reserve-asset requirements for stablecoin issuers", "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/money-market/fs-ocltmm-t.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "official_url": "https://am.jpmorgan.com/us/en/asset-management/liq/products/jpmorgan-onchain-liquidity-token-money-market-fund-token-class-46655r119", "coverage": { "verified": 20, "unknown": 3, "conflict": 0 } }, { "id": "chinaamc-cumiu", "ticker": "CUMIU", "name": "ChinaAMC USD Digital Money Market Fund (Tokenized Unlisted Class I USD)", "category": "tokenized_treasury", "issuer": { "value": "ChinaAMC Digital OFC; manager China Asset Management (Hong Kong) Limited; tokenization agent Standard Chartered Bank (HK) via Libeara", "status": "verified", "source": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/chinaamc/resources/E-KFS-ChinaAMCUSDDigitalMMF(UnlistedClass)(April2026).pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "SFC-authorized Hong Kong money market fund, tokenized unlisted share class", "status": "verified", "source": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/chinaamc/resources/E-KFS-ChinaAMCUSDDigitalMMF(UnlistedClass)(April2026).pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "legal_framework": { "value": "Hong Kong open-ended fund company (OFC) sub-fund; Product Key Facts April 2026", "status": "verified", "source": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/chinaamc/resources/E-KFS-ChinaAMCUSDDigitalMMF(UnlistedClass)(April2026).pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": [ "Ethereum (permissioned Libeara platform)" ], "status": "verified", "source": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/chinaamc/resources/E-KFS-ChinaAMCUSDDigitalMMF(UnlistedClass)(April2026).pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "eligibility": { "us_persons": { "value": null, "status": "unknown", "note": "Not stated in Key Facts" }, "investor_types": { "value": [ "Investors via SFC-licensed Eligible Distributors (incl. retail)" ], "status": "verified", "source": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/chinaamc/resources/E-KFS-ChinaAMCUSDDigitalMMF(UnlistedClass)(April2026).pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Retail investors may only subscribe/redeem through Eligible Distributors" }, "kyc_required": { "value": true, "status": "verified", "source": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/chinaamc/resources/E-KFS-ChinaAMCUSDDigitalMMF(UnlistedClass)(April2026).pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Account with Eligible Distributor" } }, "minimums": { "initial": { "value": 1000, "status": "verified", "source": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/chinaamc/resources/E-KFS-ChinaAMCUSDDigitalMMF(UnlistedClass)(April2026).pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Class I USD: USD 1,000 initial/additional/holding" } }, "subscription": { "frequency": { "value": "Daily", "status": "verified", "source": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/chinaamc/resources/E-KFS-ChinaAMCUSDDigitalMMF(UnlistedClass)(April2026).pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USD (off-chain cash settlement)" ], "status": "verified", "source": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/chinaamc/resources/E-KFS-ChinaAMCUSDDigitalMMF(UnlistedClass)(April2026).pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "fee": { "value": "Up to 3% (check with distributor)", "status": "verified", "source": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/chinaamc/resources/E-KFS-ChinaAMCUSDDigitalMMF(UnlistedClass)(April2026).pdf", "source_type": "issuer", "retrieved": "2026-10-25" } }, "redemption": { "frequency": { "value": "Daily", "status": "verified", "source": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/chinaamc/resources/E-KFS-ChinaAMCUSDDigitalMMF(UnlistedClass)(April2026).pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USD" ], "status": "verified", "source": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/chinaamc/resources/E-KFS-ChinaAMCUSDDigitalMMF(UnlistedClass)(April2026).pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/chinaamc/resources/E-KFS-ChinaAMCUSDDigitalMMF(UnlistedClass)(April2026).pdf" ] }, "fee": { "value": "Up to 5% (check with distributor)", "status": "verified", "source": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/chinaamc/resources/E-KFS-ChinaAMCUSDDigitalMMF(UnlistedClass)(April2026).pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "gates": { "value": "No peer-to-peer transfer or secondary-market trading of tokenized shares", "status": "verified", "source": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/chinaamc/resources/E-KFS-ChinaAMCUSDDigitalMMF(UnlistedClass)(April2026).pdf", "source_type": "issuer", "retrieved": "2026-10-25" } }, "fees": { "management": { "value": "0.05% p.a. (Class I); ongoing charges Class I USD ~0.16%; tokenization fee 0.055% p.a.", "status": "verified", "source": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/chinaamc/resources/E-KFS-ChinaAMCUSDDigitalMMF(UnlistedClass)(April2026).pdf", "source_type": "issuer", "retrieved": "2026-10-25" } }, "transferability": { "value": "No peer-to-peer transfer; primary market only", "status": "verified", "source": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/chinaamc/resources/E-KFS-ChinaAMCUSDDigitalMMF(UnlistedClass)(April2026).pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "aum": { "issuer_reported": { "value": { "value_usd": 564330000.0, "as_of": "2026-08-31", "scope": "whole fund" }, "status": "verified", "source": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/temp/Factsheet_USDDTMMF_20260831_EN_1789617629732.pdf", "source_type": "issuer", "retrieved": "2026-10-25" } }, "reserve_report": { "kind": { "value": "Monthly fund factsheet; annual/semi-annual reports", "status": "verified", "source": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/temp/Factsheet_USDDTMMF_20260831_EN_1789617629732.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/temp/Factsheet_USDDTMMF_20260831_EN_1789617629732.pdf", "status": "verified", "source": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/temp/Factsheet_USDDTMMF_20260831_EN_1789617629732.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "date": { "value": "2026-08-31", "status": "verified", "source": "https://www.chinaamc.com.hk/jeecg-boot/sys/common/static/temp/Factsheet_USDDTMMF_20260831_EN_1789617629732.pdf", "source_type": "issuer", "retrieved": "2026-10-25" } }, "official_url": "https://www.chinaamc.com.hk/", "coverage": { "verified": 20, "unknown": 2, "conflict": 0 } }, { "id": "superstate-ustb", "ticker": "USTB", "name": "Invesco Short Duration US Government Securities Fund (USTB)", "category": "tokenized_treasury", "issuer": { "value": "Series of a Delaware statutory trust; investment manager Invesco Advisers, Inc.; transfer agent Superstate Services LLC", "status": "verified", "source": "https://superstate.co/ustb", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "Tokenized private fund (continuous NAV, accumulating)", "status": "verified", "source": "https://superstate.co/ustb", "source_type": "issuer", "retrieved": "2026-10-25" }, "legal_framework": { "value": "Private fund, not registered under the Investment Company Act", "status": "verified", "source": "https://superstate.co/ustb", "source_type": "issuer", "retrieved": "2026-10-25" }, "underlying": { "value": "Short-duration US Treasury bills", "status": "verified", "source": "https://superstate.co/ustb", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": [ "Ethereum", "Solana", "Plume", "Book-entry" ], "status": "verified", "source": "https://superstate.co/ustb", "source_type": "issuer", "retrieved": "2026-10-25" }, "eligibility": { "us_persons": { "value": true, "status": "verified", "source": "https://superstate.co/ustb", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Information intended for Accredited Investors and Qualified Purchasers that are US residents" }, "investor_types": { "value": [ "Qualified purchaser" ], "status": "conflict", "source": "https://docs.superstate.com/investors/getting-started", "other_sources": [ "https://superstate.co/ustb" ], "source_type": "mixed", "retrieved": "2026-10-25", "note": "Rechecked 2026-10-25: docs.superstate.com/investors/getting-started still says Superstate funds are only for Qualified Purchasers ($5M investable individuals / $25M institutions); superstate.co/ustb key facts still say 'Accredited Investors and Qualified Purchasers'. Invesco's own USTB page could not be fetched. Unresolved; confirm in the fund's offering documents." }, "kyc_required": { "value": true, "status": "verified", "source": "https://superstate.co/ustb", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Superstate account + wallet allowlist" }, "supported_countries": { "value": [ "United States", "Australia", "Bermuda", "Bahamas", "British Virgin Islands", "Canada", "Cayman Islands", "Cyprus", "France", "Georgia", "Germany", "Gibraltar", "Hong Kong", "Italy", "Ireland", "Jersey", "Luxembourg", "Marshall Islands", "Mexico", "Panama", "Poland", "Seychelles", "Singapore", "Spain", "Saint Kitts and Nevis", "South Korea", "Switzerland", "United Arab Emirates", "United Kingdom" ], "status": "verified", "source": "https://docs.superstate.com/investors/getting-started", "source_type": "issuer", "retrieved": "2026-10-25" } }, "minimums": { "initial": { "value": 100000, "status": "verified", "source": "https://docs.superstate.com/investors/tokenized-funds/available-funds/invesco-ustb", "source_type": "issuer", "retrieved": "2026-10-25", "note": "USD 100,000 unless waived by Superstate" } }, "subscription": { "frequency": { "value": "Same day. USDC orders delivered immediately (including non-business days); USD wires received before 5pm ET are processed same day, later wires the next market day", "status": "verified", "source": "https://docs.superstate.com/investors/tokenized-funds/available-funds/invesco-ustb", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Superstate's general Subscribe page shows a 1pm ET wire example; the USTB fund page and superstate.com/assets/ustb both say 5pm ET" }, "currency": { "value": [ "USD", "USDC" ], "status": "verified", "source": "https://docs.superstate.com/investors/tokenized-funds/available-funds/invesco-ustb", "source_type": "issuer", "retrieved": "2026-10-25" }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://superstate.co/ustb" ] } }, "redemption": { "frequency": { "value": "Same-day; immediate for USDC subject to available liquidity; 1pm ET cutoff for USD", "status": "verified", "source": "https://superstate.co/ustb", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USD", "USDC (via Circle)" ], "status": "verified", "source": "https://superstate.co/ustb", "source_type": "issuer", "retrieved": "2026-10-25" }, "settlement_time": { "value": "Immediate (USDC, subject to liquidity) / same-day (USD before 1pm ET)", "status": "verified", "source": "https://docs.superstate.com/investors/tokenized-funds/available-funds/invesco-ustb", "source_type": "issuer", "retrieved": "2026-10-25" }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://superstate.co/ustb" ] }, "gates": { "value": "Protocol Redeem limited, 'when available', dynamic daily limits, Ethereum only; transfers only between allowlisted addresses", "status": "verified", "source": "https://superstate.co/ustb", "source_type": "issuer", "retrieved": "2026-10-25" } }, "fees": { "management": { "value": "0.15% (0.10% monthly rebate on holdings above $25M avg); no performance fee", "status": "verified", "source": "https://superstate.co/ustb", "source_type": "issuer", "retrieved": "2026-10-25" } }, "aum": { "issuer_reported": { "value": { "value_usd": 738157263, "as_of": "2026-10-22", "note": "includes ~$209M book-entry shares" }, "status": "verified", "source": "https://superstate.co/ustb", "source_type": "issuer", "retrieved": "2026-10-25" } }, "reserve_report": { "kind": { "value": "Holdings table on product page (unaudited); auditor PwC; custodian BNY Mellon", "status": "verified", "source": "https://superstate.co/ustb", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://superstate.co/ustb", "status": "verified", "source": "https://superstate.co/ustb", "source_type": "issuer", "retrieved": "2026-10-25" }, "date": { "value": "2026-09-21", "status": "verified", "source": "https://superstate.co/ustb", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Holdings table 'As of 09/21/2026' (unaudited); AUM figures on the same page are as of 2026-10-22" } }, "official_url": "https://superstate.co/ustb", "coverage": { "verified": 20, "unknown": 2, "conflict": 1 } }, { "id": "anemoy-jtrsy", "ticker": "JTRSY", "name": "Janus Henderson Anemoy Treasury Fund", "category": "tokenized_treasury", "issuer": { "value": "Janus Henderson Anemoy Treasury Fund (Anemoy, British Virgin Islands; approved and regulated by the BVI FSC)", "status": "verified", "source": "https://www.anemoy.io/funds/jtrsy", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "Tokenized BVI professional fund shares (direct ownership), accumulating NAV", "status": "verified", "source": "https://www.anemoy.io/funds/jtrsy", "source_type": "issuer", "retrieved": "2026-10-25" }, "legal_framework": { "value": "BVI Professional Fund regulated by BVI FSC; Regulation S offering", "status": "verified", "source": "https://www.anemoy.io/funds/jtrsy", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": [ "Ethereum", "Base", "Arbitrum", "others (issuer says 'and more')" ], "status": "verified", "source": "https://www.anemoy.io/funds/jtrsy", "source_type": "issuer", "retrieved": "2026-10-25" }, "eligibility": { "us_persons": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "investor_types": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "kyc_required": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" } }, "minimums": { "initial": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" } }, "subscription": { "frequency": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "currency": { "value": [ "USDC" ], "status": "verified", "source": "https://www.anemoy.io/funds/jtrsy", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Issuer page: investments and redemptions in USDC" }, "fee": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" } }, "redemption": { "frequency": { "value": "Daily", "status": "verified", "source": "https://www.anemoy.io/funds/jtrsy", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USDC" ], "status": "verified", "source": "https://www.anemoy.io/funds/jtrsy", "source_type": "issuer", "retrieved": "2026-10-25" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "fee": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "gates": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" } }, "fees": { "management": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" } }, "aum": { "issuer_reported": { "value": null, "status": "unknown", "note": "No issuer-published AUM found (checked 2026-10-25). Aggregator figures are not republished here (licensing)." } }, "reserve_report": { "kind": { "value": "On-chain Chronicle Proof of Asset feed; near real-time holdings via Centrifuge", "status": "verified", "source": "https://www.anemoy.io/funds/jtrsy", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://app.centrifuge.io/pool/281474976710662", "status": "verified", "source": "https://www.anemoy.io/funds/jtrsy", "source_type": "issuer", "retrieved": "2026-10-25" }, "date": { "value": "Continuous (on-chain)", "status": "verified", "source": "https://www.anemoy.io/funds/jtrsy", "source_type": "issuer", "retrieved": "2026-10-25" } }, "source_quality_note": "Issuer page states structure but not minimums or fees; those come from Vault Street research (Aug 2026) summarizing the Memorandum.", "official_url": "https://www.anemoy.io/funds/jtrsy", "coverage": { "verified": 10, "unknown": 11, "conflict": 0 } }, { "id": "ondo-shvon", "ticker": "SHVon", "name": "iShares 0-1 Year Treasury Bond ETF (Ondo Tokenized)", "category": "tokenized_treasury", "issuer": { "value": "Ondo Global Markets (BVI) Limited", "status": "verified", "source": "https://docs.ondo.finance/ondo-stocks/eligibility", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "Ondo Global Markets tokenized stock/ETF exposure (economic exposure to SHV, not the ETF shares)", "status": "verified", "source": "https://docs.ondo.finance/ondo-stocks/important-notes", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "eligibility": { "us_persons": { "value": false, "status": "verified", "source": "https://docs.ondo.finance/ondo-stocks/eligibility", "source_type": "issuer", "retrieved": "2026-10-25", "note": "US persons and persons in the US prohibited" }, "investor_types": { "value": [ "Non-US investors (retail where allowed)", "Professional/qualified investors in restricted jurisdictions" ], "status": "verified", "source": "https://docs.ondo.finance/ondo-stocks/eligibility", "source_type": "issuer", "retrieved": "2026-10-25" }, "kyc_required": { "value": true, "status": "verified", "source": "https://docs.ondo.finance/ondo-stocks/onboarding-and-kyc", "source_type": "issuer", "retrieved": "2026-10-25" }, "excluded_jurisdictions": { "value": [ "Afghanistan", "Belarus", "Canada", "Crimea/DNR/LNR/Kherson/Zaporizhzhia/Sevastopol", "Cuba", "North Korea", "Iran", "Libya", "Myanmar", "Russia", "Somalia", "South Sudan", "Sudan", "Syria", "United States" ], "status": "verified", "source": "https://docs.ondo.finance/ondo-stocks/eligibility", "source_type": "issuer", "retrieved": "2026-10-25" } }, "minimums": { "initial": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://docs.ondo.finance/ondo-stocks/eligibility" ] } }, "subscription": { "frequency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "currency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "redemption": { "frequency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "currency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "gates": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "fees": { "management": { "value": null, "status": "unknown", "note": "Not stated in Ondo SHVon documents, checked 2026-10-25" } }, "aum": { "issuer_reported": { "value": null, "status": "unknown", "note": "No issuer-published AUM found (checked 2026-10-25). Aggregator figures are not republished here (licensing)." } }, "reserve_report": { "kind": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "url": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "date": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "notable": "Large share of SHVon supply may sit as USDY collateral (USDY page lists tokenized SHV as a collateral type). Not quantified in Ondo documents checked 2026-10-25.", "official_url": "https://docs.ondo.finance/ondo-stocks/overview", "coverage": { "verified": 6, "unknown": 15, "conflict": 0 } }, { "id": "openeden-tbill", "ticker": "TBILL", "name": "OpenEden TBILL Vault", "category": "tokenized_treasury", "issuer": { "value": "TBILL Fund (BVI); vault developer River Labs Pte Ltd", "status": "verified", "source": "https://docs.openeden.com/tbill/faq", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "Tokenized fund shares (NAV-priced token, accumulating)", "status": "verified", "source": "https://docs.openeden.com/tbill/faq", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": null, "status": "unknown", "note": "Not stated in OpenEden TBILL FAQ (checked 2026-10-25)", "sources_checked": [ "https://docs.openeden.com/tbill/faq" ] }, "eligibility": { "us_persons": { "value": true, "status": "verified", "source": "https://docs.openeden.com/tbill/investor-onboarding", "source_type": "issuer", "retrieved": "2026-10-25", "note": "US Accredited Investors (Reg D Rule 501(a)) eligible" }, "investor_types": { "value": [ "BVI SIBA Professional Investors", "US Accredited Investors" ], "status": "verified", "source": "https://docs.openeden.com/tbill/investor-onboarding", "source_type": "issuer", "retrieved": "2026-10-25" }, "kyc_required": { "value": true, "status": "verified", "source": "https://docs.openeden.com/tbill/investor-onboarding", "source_type": "issuer", "retrieved": "2026-10-25", "note": "KYC + KYT; wallet whitelisted on-chain" } }, "minimums": { "initial": { "value": 100000, "status": "verified", "source": "https://docs.openeden.com/tbill/faq", "source_type": "issuer", "retrieved": "2026-10-25", "note": "USDC; subsequent deposits 1 USDC" }, "redemption": { "value": 1, "status": "verified", "source": "https://docs.openeden.com/tbill/redemptions", "source_type": "issuer", "retrieved": "2026-10-25", "note": "USDC" } }, "subscription": { "frequency": { "value": "24/7 on-chain deposits", "status": "verified", "source": "https://docs.openeden.com/tbill/faq", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USDC" ], "status": "verified", "source": "https://docs.openeden.com/tbill/faq", "source_type": "issuer", "retrieved": "2026-10-25" }, "fee": { "value": "5 bps", "status": "verified", "source": "https://docs.openeden.com/tbill/fees", "source_type": "issuer", "retrieved": "2026-10-25" } }, "redemption": { "frequency": { "value": "Requests anytime; FIFO queue", "status": "verified", "source": "https://docs.openeden.com/tbill/redemptions", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USDC" ], "status": "verified", "source": "https://docs.openeden.com/tbill/faq", "source_type": "issuer", "retrieved": "2026-10-25" }, "settlement_time": { "value": "Typically next US business day", "status": "verified", "source": "https://docs.openeden.com/tbill/redemptions", "source_type": "issuer", "retrieved": "2026-10-25" }, "fee": { "value": "5 bps", "status": "verified", "source": "https://docs.openeden.com/tbill/fees", "source_type": "issuer", "retrieved": "2026-10-25" }, "gates": { "value": "Whitelisted addresses only; transfers only to other whitelisted investors", "status": "verified", "source": "https://docs.openeden.com/tbill/faq", "source_type": "issuer", "retrieved": "2026-10-25" } }, "fees": { "management": { "value": "0.35% p.a. total expense ratio; 5 bps on subscriptions and redemptions", "status": "verified", "source": "https://docs.openeden.com/tbill/fees", "source_type": "issuer", "retrieved": "2026-10-25", "note": "From OpenEden's dedicated fees page (checked 2026-10-25). The OpenEden FAQ still shows an older 30 bps figure." } }, "aum": { "issuer_reported": { "value": null, "status": "unknown", "note": "No issuer-published AUM found (checked 2026-10-25). Aggregator figures are not republished here (licensing)." } }, "reserve_report": { "kind": { "value": "Daily and monthly NAV reports from fund administrator (Protege Fund Services); auditor TJ Assurance", "status": "verified", "source": "https://docs.openeden.com/tbill/faq", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://openeden.com/tbill/data-room/", "status": "verified", "source": "https://docs.openeden.com/tbill/faq", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Data room link from search results" }, "date": { "value": null, "status": "unknown", "note": "Latest report date not captured" } }, "official_url": "https://app.openeden.com/", "coverage": { "verified": 18, "unknown": 3, "conflict": 0 } }, { "id": "galaxy-statestreet-sweep", "ticker": "SWEEP", "name": "State Street Galaxy Onchain Liquidity Sweep Fund", "category": "tokenized_treasury", "issuer": { "value": "Investment manager SSGA Funds Management, Inc. (with Galaxy Asset Management)", "status": "verified", "source": "https://am.galaxy.com/galaxy-state-street-sweep-fund", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "Tokenized liquidity fund (non-rebasing), holds PYUSD reserves for 24/7 liquidity", "status": "verified", "source": "https://am.galaxy.com/galaxy-state-street-sweep-fund", "source_type": "issuer", "retrieved": "2026-10-25" }, "legal_framework": { "value": null, "status": "unknown", "note": "Fund domicile/exemption not stated on page", "sources_checked": [ "https://am.galaxy.com/galaxy-state-street-sweep-fund" ] }, "underlying": { "value": "US Treasury bills/notes/bonds, Treasury-backed repo, TIPS/FRNs, USD deposits and stablecoins", "status": "verified", "source": "https://am.galaxy.com/galaxy-state-street-sweep-fund", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": [ "Solana (at launch)" ], "status": "verified", "source": "https://am.galaxy.com/galaxy-state-street-sweep-fund", "source_type": "issuer", "retrieved": "2026-10-25" }, "eligibility": { "us_persons": { "value": null, "status": "unknown", "note": "Not stated on page", "sources_checked": [ "https://am.galaxy.com/galaxy-state-street-sweep-fund" ] }, "investor_types": { "value": null, "status": "unknown", "note": "Not stated; minimums imply institutional/HNW", "sources_checked": [ "https://am.galaxy.com/galaxy-state-street-sweep-fund" ] }, "kyc_required": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "minimums": { "initial": { "value": "$5,000,000 (entities) / $1,000,000 (individuals)", "status": "verified", "source": "https://am.galaxy.com/galaxy-state-street-sweep-fund", "source_type": "issuer", "retrieved": "2026-10-25" } }, "subscription": { "frequency": { "value": "Stablecoins any time; USD on business days", "status": "verified", "source": "https://am.galaxy.com/galaxy-state-street-sweep-fund", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "PYUSD", "USDC", "USD (Fedwire)" ], "status": "verified", "source": "https://am.galaxy.com/galaxy-state-street-sweep-fund", "source_type": "issuer", "retrieved": "2026-10-25" }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://am.galaxy.com/galaxy-state-street-sweep-fund" ] } }, "redemption": { "frequency": { "value": "Daily on business days (USD by 2:00 PM ET); PYUSD 24/7 subject to portfolio availability", "status": "verified", "source": "https://am.galaxy.com/galaxy-state-street-sweep-fund", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USD", "PYUSD" ], "status": "verified", "source": "https://am.galaxy.com/galaxy-state-street-sweep-fund", "source_type": "issuer", "retrieved": "2026-10-25" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://am.galaxy.com/galaxy-state-street-sweep-fund" ] }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://am.galaxy.com/galaxy-state-street-sweep-fund" ] }, "gates": { "value": "24/7 PYUSD redemptions subject to available stablecoin liquidity", "status": "verified", "source": "https://am.galaxy.com/galaxy-state-street-sweep-fund", "source_type": "issuer", "retrieved": "2026-10-25" } }, "fees": { "management": { "value": "0.50% p.a. total expense ratio", "status": "verified", "source": "https://am.galaxy.com/galaxy-state-street-sweep-fund", "source_type": "issuer", "retrieved": "2026-10-25" } }, "aum": { "issuer_reported": { "value": null, "status": "unknown", "note": "No issuer-published AUM found (checked 2026-10-25). Aggregator figures are not republished here (licensing)." } }, "reserve_report": { "kind": { "value": null, "status": "unknown", "note": "No public holdings report on page", "sources_checked": [ "https://am.galaxy.com/galaxy-state-street-sweep-fund" ] }, "url": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "date": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "official_url": "https://am.galaxy.com/galaxy-state-street-sweep-fund", "coverage": { "verified": 11, "unknown": 11, "conflict": 0 } }, { "id": "franklin-sgbenji", "ticker": "sgBENJI", "name": "Franklin OnChain U.S. Dollar Short-Term Money Market Fund (Singapore)", "category": "tokenized_treasury", "issuer": { "value": "Franklin Templeton Investments VCC (Singapore)", "status": "verified", "source": "https://www.franklintempleton.com.sg/download/en-sg/factsheet/9b6b69a8-545f-49fc-a623-9fe44f0ac6a6/Factsheet-FranklinOnChainUSDollarShort-TermMoneyMarketFund-A(acc)USD-41715-A-FF-SG-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "Singapore VCC money market sub-fund, register maintained on public blockchain", "status": "verified", "source": "https://www.franklintempleton.com.sg/download/en-sg/factsheet/9b6b69a8-545f-49fc-a623-9fe44f0ac6a6/Factsheet-FranklinOnChainUSDollarShort-TermMoneyMarketFund-A(acc)USD-41715-A-FF-SG-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25" }, "legal_framework": { "value": "MAS-approved retail tokenized fund (per Franklin press release)", "status": "verified", "source": "https://www.franklintempleton.com.sg/press-releases/franklin-templeton-receives-mas-approval-to-launch-first-retail-tokenized-fund-in-singapore", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "eligibility": { "us_persons": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "investor_types": { "value": [ "Singapore investors via distributors (e.g., DBS); retail per MAS approval" ], "status": "verified", "source": "https://www.franklintempleton.com.sg/press-releases/franklin-templeton-collaborates-with-dbs-bank-to-launch-singapores-first-tokenized-retail-fund", "source_type": "issuer", "retrieved": "2026-10-25" }, "kyc_required": { "value": true, "status": "verified", "source": "https://www.franklintempleton.com.sg/download/en-sg/factsheet/9b6b69a8-545f-49fc-a623-9fe44f0ac6a6/Factsheet-FranklinOnChainUSDollarShort-TermMoneyMarketFund-A(acc)USD-41715-A-FF-SG-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Via distributor account" } }, "minimums": { "initial": { "value": 20, "status": "verified", "source": "https://www.franklintempleton.com.sg/download/en-sg/factsheet/9b6b69a8-545f-49fc-a623-9fe44f0ac6a6/Factsheet-FranklinOnChainUSDollarShort-TermMoneyMarketFund-A(acc)USD-41715-A-FF-SG-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25", "note": "USD" } }, "subscription": { "frequency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "currency": { "value": [ "Cash" ], "status": "verified", "source": "https://www.franklintempleton.com.sg/download/en-sg/factsheet/9b6b69a8-545f-49fc-a623-9fe44f0ac6a6/Factsheet-FranklinOnChainUSDollarShort-TermMoneyMarketFund-A(acc)USD-41715-A-FF-SG-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25" }, "fee": { "value": "Max initial charge 1.00%", "status": "verified", "source": "https://www.franklintempleton.com.sg/download/en-sg/factsheet/9b6b69a8-545f-49fc-a623-9fe44f0ac6a6/Factsheet-FranklinOnChainUSDollarShort-TermMoneyMarketFund-A(acc)USD-41715-A-FF-SG-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25" } }, "redemption": { "frequency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "currency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "fee": { "value": "No exit charge", "status": "verified", "source": "https://www.franklintempleton.com.sg/download/en-sg/factsheet/9b6b69a8-545f-49fc-a623-9fe44f0ac6a6/Factsheet-FranklinOnChainUSDollarShort-TermMoneyMarketFund-A(acc)USD-41715-A-FF-SG-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25" }, "gates": { "value": "Possible 10% per-dealing-day redemption limit (deferral to next dealing day)", "status": "verified", "source": "https://www.franklintempleton.com.sg/download/en-sg/factsheet/9b6b69a8-545f-49fc-a623-9fe44f0ac6a6/Factsheet-FranklinOnChainUSDollarShort-TermMoneyMarketFund-A(acc)USD-41715-A-FF-SG-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25" } }, "fees": { "management": { "value": "Total expense ratio 0.20%", "status": "verified", "source": "https://www.franklintempleton.com.sg/download/en-sg/factsheet/9b6b69a8-545f-49fc-a623-9fe44f0ac6a6/Factsheet-FranklinOnChainUSDollarShort-TermMoneyMarketFund-A(acc)USD-41715-A-FF-SG-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25" } }, "aum": { "issuer_reported": { "value": { "value_usd": 75290000.0, "as_of": "2026-09-30" }, "status": "verified", "source": "https://www.franklintempleton.com.sg/download/en-sg/factsheet/9b6b69a8-545f-49fc-a623-9fe44f0ac6a6/Factsheet-FranklinOnChainUSDollarShort-TermMoneyMarketFund-A(acc)USD-41715-A-FF-SG-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Total net assets" } }, "reserve_report": { "kind": { "value": "Monthly factsheet", "status": "verified", "source": "https://www.franklintempleton.com.sg/download/en-sg/factsheet/9b6b69a8-545f-49fc-a623-9fe44f0ac6a6/Factsheet-FranklinOnChainUSDollarShort-TermMoneyMarketFund-A(acc)USD-41715-A-FF-SG-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://www.franklintempleton.com.sg/download/en-sg/factsheet/9b6b69a8-545f-49fc-a623-9fe44f0ac6a6/Factsheet-FranklinOnChainUSDollarShort-TermMoneyMarketFund-A(acc)USD-41715-A-FF-SG-en-GB.PDF", "status": "verified", "source": "https://www.franklintempleton.com.sg/download/en-sg/factsheet/9b6b69a8-545f-49fc-a623-9fe44f0ac6a6/Factsheet-FranklinOnChainUSDollarShort-TermMoneyMarketFund-A(acc)USD-41715-A-FF-SG-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25" }, "date": { "value": "2026-09-30", "status": "verified", "source": "https://www.franklintempleton.com.sg/download/en-sg/factsheet/9b6b69a8-545f-49fc-a623-9fe44f0ac6a6/Factsheet-FranklinOnChainUSDollarShort-TermMoneyMarketFund-A(acc)USD-41715-A-FF-SG-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25" } }, "notable": { "value": 75290000.0, "status": "verified", "source": "https://www.franklintempleton.com.sg/download/en-sg/factsheet/9b6b69a8-545f-49fc-a623-9fe44f0ac6a6/Factsheet-FranklinOnChainUSDollarShort-TermMoneyMarketFund-A(acc)USD-41715-A-FF-SG-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Issuer factsheet total net assets $75.29M (Sep 30, 2026)19M (Oct 25, 2026)." }, "official_url": "https://franklintempleton.com.sg/our-funds/price-and-performance-money-funds/products/41715/A/franklin-on-chain-u-s-dollar-short-term-money-market-fund", "coverage": { "verified": 16, "unknown": 6, "conflict": 0 } }, { "id": "spiko-ustbl", "ticker": "USTBL", "name": "Spiko US T-Bills Money Market Fund", "category": "tokenized_treasury", "issuer": { "value": "Spiko SICAV (French UCITS money market fund); management company Twenty First Capital (AMF GP-11000029); distributor Spiko Finance", "status": "verified", "source": "https://www.twentyfirstcapital.com/admin/backend/api/documents/parts/53/2026-07-31__spiko-sicav---prospectus-ven-29072026.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "USD short-term variable NAV money market fund (accumulating), ISIN FR001400ODM9", "status": "verified", "source": "https://data.spiko.io/ustbl/", "source_type": "issuer", "retrieved": "2026-10-25" }, "legal_framework": { "value": "French UCITS SICAV sub-fund; AMF classification short-term VNAV MMF", "status": "verified", "source": "https://data.spiko.io/ustbl/", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": [ "Ethereum", "Polygon PoS", "Arbitrum One", "Starknet", "Base", "Etherlink", "Stellar", "Solana" ], "status": "verified", "source": "https://www.twentyfirstcapital.com/admin/backend/api/documents/parts/53/2026-07-31__spiko-sicav---prospectus-ven-29072026.pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "DLTs used for the shareholder register" }, "eligibility": { "us_persons": { "value": false, "status": "verified", "source": "https://www.twentyfirstcapital.com/admin/backend/api/documents/parts/53/2026-07-31__spiko-sicav---prospectus-ven-29072026.pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Subscribers certify they are not US Persons" }, "investor_types": { "value": [ "All investors (non-US)" ], "status": "verified", "source": "https://www.twentyfirstcapital.com/admin/backend/api/documents/parts/53/2026-07-31__spiko-sicav---prospectus-ven-29072026.pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Share-class table: 'All investors'; KID: intended for all types of investors" }, "kyc_required": { "value": true, "status": "verified", "source": "https://www.twentyfirstcapital.com/admin/backend/api/documents/parts/53/2026-07-31__spiko-sicav---prospectus-ven-29072026.pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Wallets must be allowlisted by the management company before subscribing; shares move only between allowlisted addresses" } }, "minimums": { "initial": { "value": 1, "status": "verified", "source": "https://www.twentyfirstcapital.com/admin/backend/api/documents/parts/53/2026-07-31__spiko-sicav---prospectus-ven-29072026.pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "USD 1 initial and subsequent (USD share, FR001400ODM9)" } }, "subscription": { "frequency": { "value": "Daily; orders cleared by 11:30 a.m. Paris time execute at that day's NAV, later orders next business day", "status": "verified", "source": "https://www.twentyfirstcapital.com/admin/backend/api/documents/parts/53/2026-07-31__spiko-sicav---prospectus-ven-29072026.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USD (bank transfer)", "USDC" ], "status": "verified", "source": "https://www.twentyfirstcapital.com/admin/backend/api/documents/parts/53/2026-07-31__spiko-sicav---prospectus-ven-29072026.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "fee": { "value": "0.00%", "status": "verified", "source": "https://data.spiko.io/ustbl/", "source_type": "issuer", "retrieved": "2026-10-25" } }, "redemption": { "frequency": { "value": "Daily; 11:30 a.m. Paris time cutoff, next NAV", "status": "verified", "source": "https://www.twentyfirstcapital.com/admin/backend/api/documents/parts/53/2026-07-31__spiko-sicav---prospectus-ven-29072026.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USD (bank transfer)", "USDC" ], "status": "verified", "source": "https://www.twentyfirstcapital.com/admin/backend/api/documents/parts/53/2026-07-31__spiko-sicav---prospectus-ven-29072026.pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Management company may refuse USDC settlement for AML reasons and pay by bank transfer" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not captured from prospectus", "sources_checked": [] }, "fee": { "value": "0.00%", "status": "verified", "source": "https://data.spiko.io/ustbl/", "source_type": "issuer", "retrieved": "2026-10-25" }, "gates": { "value": "Redemption cap ('gate') may be triggered at 10% of net assets; max 20 NAVs over 3 months", "status": "verified", "source": "https://www.twentyfirstcapital.com/admin/backend/api/documents/parts/53/2026-07-31__spiko-sicav---prospectus-ven-29072026.pdf", "source_type": "issuer", "retrieved": "2026-10-25" } }, "fees": { "management": { "value": "0.25%", "status": "verified", "source": "https://data.spiko.io/ustbl/", "source_type": "issuer", "retrieved": "2026-10-25" } }, "aum": { "issuer_reported": { "value": { "value_usd": 169416212, "as_of": "2026-10-25" }, "status": "verified", "source": "https://data.spiko.io/ustbl/", "source_type": "issuer", "retrieved": "2026-10-25", "note": "AUM on Spiko data page; latest NAV dated 2026-10-23" } }, "reserve_report": { "kind": { "value": "Spiko public data page (AUM, NAV, users)", "status": "verified", "source": "https://data.spiko.io/ustbl/", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://data.spiko.io/ustbl/", "status": "verified", "source": "https://data.spiko.io/ustbl/", "source_type": "issuer", "retrieved": "2026-10-25" }, "date": { "value": "2026-10-23", "status": "verified", "source": "https://data.spiko.io/ustbl/", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Latest NAV date" } }, "notable": "io/spiko-dollar, which now describes a different product (Spiko Amundi Overnight Swap Fund, launched 2026-03-03, equity total-return-swap collateral). Agents should not conflate them.", "official_url": "https://data.spiko.io/ustbl/", "coverage": { "verified": 20, "unknown": 1, "conflict": 0 } }, { "id": "bosera-belif", "ticker": "BELIF", "name": "Bosera Digital Liquidity Income Fund SP", "category": "tokenized_treasury", "issuer": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "product_type": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "chains": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "eligibility": { "us_persons": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "investor_types": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "kyc_required": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" } }, "minimums": { "initial": { "value": null, "status": "unknown", "note": "No issuer document found" } }, "subscription": { "frequency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "currency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "redemption": { "frequency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "currency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "gates": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "fees": { "management": { "value": null, "status": "unknown", "note": "No issuer document found" } }, "aum": { "issuer_reported": { "value": null, "status": "unknown", "note": "No issuer-published AUM found (checked 2026-10-25). Aggregator figures are not republished here (licensing)." } }, "reserve_report": { "kind": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "url": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "date": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "source_quality_note": "No public Bosera offering document found for BELIF (checked 2026-10-25); fields stay unknown until one is.", "official_url": "https://www.bosera.com.hk/en-US/index", "coverage": { "verified": 0, "unknown": 20, "conflict": 0 } }, { "id": "jpmorgan-mony", "ticker": "MONY", "name": "My OnChain Net Yield Fund", "category": "tokenized_treasury", "issuer": { "value": "My OnChain Net Yield Fund Ltd (BVI), J.P. Morgan Asset Management; tokenized via Kinexys Digital Assets", "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/liq/literature/brochure/tokenization-faq.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "Private placement money fund (follows Rule 2a-7 guidelines but not subject to it)", "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/liq/literature/brochure/tokenization-faq.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "legal_framework": { "value": "Reg D 506(c) private placement, BVI-domiciled, distributed in US and non-US", "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/liq/literature/brochure/tokenization-faq.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "underlying": { "value": "US Treasury securities only (no crypto exposure)", "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/liq/literature/brochure/tokenization-faq.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "eligibility": { "us_persons": { "value": true, "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/liq/literature/brochure/tokenization-faq.pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Distributed in US and non-US jurisdictions to qualified investors" }, "investor_types": { "value": [ "Qualified investors (institutional/professional)" ], "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/liq/literature/brochure/tokenization-faq.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "kyc_required": { "value": true, "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/liq/literature/brochure/tokenization-faq.pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "AML/KYC onboarding; own blockchain address required" } }, "minimums": { "initial": { "value": 1000000, "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/liq/literature/brochure/tokenization-faq.pdf", "source_type": "issuer", "retrieved": "2026-10-25" } }, "subscription": { "frequency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "currency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "redemption": { "frequency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "currency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "gates": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "fees": { "management": { "value": "16 basis points", "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/liq/literature/brochure/tokenization-faq.pdf", "source_type": "issuer", "retrieved": "2026-10-25" } }, "transferability": { "value": "Investors may transfer token balances to other investors", "status": "verified", "source": "https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/liq/literature/brochure/tokenization-faq.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "aum": { "issuer_reported": { "value": null, "status": "unknown", "note": "No issuer-published AUM found (checked 2026-10-25). Aggregator figures are not republished here (licensing)." } }, "reserve_report": { "kind": { "value": null, "status": "unknown", "note": "No public holdings report found" }, "url": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "date": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "official_url": "https://am.jpmorgan.com/us/en/asset-management/institutional/about-us/media/press-releases/jp-morgan-asset-management-launches-its-first-tokenized-money-market-fund/", "coverage": { "verified": 10, "unknown": 13, "conflict": 0 } }, { "id": "midas-mtbill", "ticker": "mTBILL", "name": "Midas mTBILL", "category": "tokenized_treasury", "issuer": { "value": "Midas Software GmbH (German SPV)", "status": "verified", "source": "https://midas.app/mtbill", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "Tokenized debt instrument under German law tracking US T-bills with maturity below 3 months; collateral pledged to a security agent (Ankura Trust Company, LLC) for tokenholders", "status": "verified", "source": "https://content.gitbook.com/content/MndxFHqGeA4nzBBeKDTV/blobs/CW63vj1DUVsXz0rqYauE/Midas_Final_Terms_mTBILL_Update_2025.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "legal_framework": { "value": "Public offer under EU Prospectus Regulation (prospectus approved by Liechtenstein FMA)", "status": "verified", "source": "https://midas.app/mtbill", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": [ "Ethereum", "Base" ], "status": "verified", "source": "https://midas.app/mtbill", "source_type": "issuer", "retrieved": "2026-10-25" }, "eligibility": { "us_persons": { "value": false, "status": "verified", "source": "https://docs.midas.app/legal/eligibility-and-compliance", "source_type": "issuer", "retrieved": "2026-10-25" }, "investor_types": { "value": [ "Investors in the public offer under the EU Prospectus Regulation (base prospectus dated 17 July 2025); US persons excluded" ], "status": "verified", "source": "https://content.gitbook.com/content/MndxFHqGeA4nzBBeKDTV/blobs/CW63vj1DUVsXz0rqYauE/Midas_Final_Terms_mTBILL_Update_2025.pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "US exclusion per Midas eligibility page; KYC required for primary mint and redeem" }, "kyc_required": { "value": true, "status": "verified", "source": "https://content.gitbook.com/content/MndxFHqGeA4nzBBeKDTV/blobs/CW63vj1DUVsXz0rqYauE/Midas_Final_Terms_mTBILL_Update_2025.pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "KYC for primary mint/redeem; token itself transferable" } }, "minimums": { "initial": { "value": 1, "status": "verified", "source": "https://content.gitbook.com/content/MndxFHqGeA4nzBBeKDTV/blobs/CW63vj1DUVsXz0rqYauE/Midas_Final_Terms_mTBILL_Update_2025.pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "USD 1.00 minimum investment amount" } }, "subscription": { "frequency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://content.gitbook.com/content/MndxFHqGeA4nzBBeKDTV/blobs/CW63vj1DUVsXz0rqYauE/Midas_Final_Terms_mTBILL_Update_2025.pdf" ] }, "currency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "redemption": { "frequency": { "value": "At any time", "status": "verified", "source": "https://content.gitbook.com/content/MndxFHqGeA4nzBBeKDTV/blobs/CW63vj1DUVsXz0rqYauE/Midas_Final_Terms_mTBILL_Update_2025.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USD", "USDC", "USDT", "EUR" ], "status": "verified", "source": "https://content.gitbook.com/content/MndxFHqGeA4nzBBeKDTV/blobs/CW63vj1DUVsXz0rqYauE/Midas_Final_Terms_mTBILL_Update_2025.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://content.gitbook.com/content/MndxFHqGeA4nzBBeKDTV/blobs/CW63vj1DUVsXz0rqYauE/Midas_Final_Terms_mTBILL_Update_2025.pdf" ] }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "gates": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "fees": { "management": { "value": "Final Terms: annual fee 10% of annual interest earnings (waived until December 2024)", "status": "conflict", "source": "https://midas.app/mtbill", "other_sources": [ "https://content.gitbook.com/content/MndxFHqGeA4nzBBeKDTV/blobs/CW63vj1DUVsXz0rqYauE/Midas_Final_Terms_mTBILL_Update_2025.pdf" ], "source_type": "mixed", "retrieved": "2026-10-25", "note": "Disputed. Midas product page shows 0% management fee and 5% performance fee; the Final Terms (prospectus document) state an annual fee of 10% of annual interest earnings. We show both." } }, "transferability": { "value": "Token transferable without whitelist; KYC applies to mint/redeem", "status": "verified", "source": "https://content.gitbook.com/content/MndxFHqGeA4nzBBeKDTV/blobs/CW63vj1DUVsXz0rqYauE/Midas_Final_Terms_mTBILL_Update_2025.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "aum": { "issuer_reported": { "value": { "value_usd": 77990000.0, "as_of": "2026-10-25" }, "status": "verified", "source": "https://midas.app/mtbill", "source_type": "issuer", "retrieved": "2026-10-25", "note": "TVL on product page" } }, "reserve_report": { "kind": { "value": "Midas Attestation Engine (on-chain checkpoints) on the product page", "status": "verified", "source": "https://midas.app/mtbill", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Ankura Trust Company is the Security Agent holding the collateral pledge, per the Final Terms" }, "url": { "value": "https://midas.app/mtbill", "status": "verified", "source": "https://midas.app/mtbill", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Attestation widget did not load at retrieval" }, "date": { "value": "Exposure updated 2026-10-22", "status": "verified", "source": "https://midas.app/mtbill", "source_type": "issuer", "retrieved": "2026-10-25" } }, "official_url": "https://midas.app/mtbill", "coverage": { "verified": 15, "unknown": 6, "conflict": 1 } }, { "id": "franklin-gbenji", "ticker": "gBENJI", "name": "Franklin OnChain U.S. Government Liquidity Fund (Luxembourg UCITS), AB (Ddis) USD class", "category": "tokenized_treasury", "issuer": { "value": "Franklin Templeton OnChain Funds (FTOCF), Luxembourg", "status": "verified", "source": "https://www.franklintempleton.lu/download/en-lu/factsheet/b5f78498-90f7-44b3-8059-9a07c0d478d8/Factsheet-FranklinOnChainUSGovernmentMoneyFund-AB(Ddis)USD-41372-PX1-FF-LU-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "UCITS money market fund (daily dividends), tokenized register", "status": "verified", "source": "https://www.franklintempleton.lu/download/en-lu/factsheet/b5f78498-90f7-44b3-8059-9a07c0d478d8/Factsheet-FranklinOnChainUSGovernmentMoneyFund-AB(Ddis)USD-41372-PX1-FF-LU-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25" }, "legal_framework": { "value": "UCITS, notified for marketing in multiple EU member states", "status": "verified", "source": "https://www.franklintempleton.lu/download/en-lu/factsheet/b5f78498-90f7-44b3-8059-9a07c0d478d8/Factsheet-FranklinOnChainUSGovernmentMoneyFund-AB(Ddis)USD-41372-PX1-FF-LU-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "eligibility": { "us_persons": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "investor_types": { "value": null, "status": "unknown", "note": "Share-class eligibility not stated in the issuer factsheet, checked 2026-10-25" }, "kyc_required": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "minimums": { "initial": { "value": 20, "status": "verified", "source": "https://www.franklintempleton.lu/download/en-lu/factsheet/b5f78498-90f7-44b3-8059-9a07c0d478d8/Factsheet-FranklinOnChainUSGovernmentMoneyFund-AB(Ddis)USD-41372-PX1-FF-LU-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25", "note": "USD 20, AB (Ddis) USD class, per issuer factsheet as of 30 September 2026" } }, "subscription": { "frequency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "currency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "fee": { "value": "Max initial charge 1.50% (AB class)", "status": "verified", "source": "https://www.franklintempleton.lu/download/en-lu/factsheet/b5f78498-90f7-44b3-8059-9a07c0d478d8/Factsheet-FranklinOnChainUSGovernmentMoneyFund-AB(Ddis)USD-41372-PX1-FF-LU-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25" } }, "redemption": { "frequency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "currency": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "fee": { "value": "No exit charge", "status": "verified", "source": "https://www.franklintempleton.lu/download/en-lu/factsheet/b5f78498-90f7-44b3-8059-9a07c0d478d8/Factsheet-FranklinOnChainUSGovernmentMoneyFund-AB(Ddis)USD-41372-PX1-FF-LU-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25" }, "gates": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "fees": { "management": { "value": "Ongoing charges figure 0.20% (AB (Ddis) USD class)", "status": "verified", "source": "https://www.franklintempleton.lu/download/en-lu/factsheet/b5f78498-90f7-44b3-8059-9a07c0d478d8/Factsheet-FranklinOnChainUSGovernmentMoneyFund-AB(Ddis)USD-41372-PX1-FF-LU-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Factsheet as of 30 September 2026; no performance fee" } }, "aum": { "issuer_reported": { "value": { "value_usd": 57950000.0, "as_of": "2026-09-30", "scope": "whole fund" }, "status": "verified", "source": "https://www.franklintempleton.lu/download/en-lu/factsheet/b5f78498-90f7-44b3-8059-9a07c0d478d8/Factsheet-FranklinOnChainUSGovernmentMoneyFund-AB(Ddis)USD-41372-PX1-FF-LU-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25" } }, "reserve_report": { "kind": { "value": "Monthly factsheet; annual/semi-annual reports at ftidocuments.com", "status": "verified", "source": "https://www.franklintempleton.lu/download/en-lu/factsheet/b5f78498-90f7-44b3-8059-9a07c0d478d8/Factsheet-FranklinOnChainUSGovernmentMoneyFund-AB(Ddis)USD-41372-PX1-FF-LU-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://www.franklintempleton.lu/download/en-lu/factsheet/b5f78498-90f7-44b3-8059-9a07c0d478d8/Factsheet-FranklinOnChainUSGovernmentMoneyFund-AB(Ddis)USD-41372-PX1-FF-LU-en-GB.PDF", "status": "verified", "source": "https://www.franklintempleton.lu/download/en-lu/factsheet/b5f78498-90f7-44b3-8059-9a07c0d478d8/Factsheet-FranklinOnChainUSGovernmentMoneyFund-AB(Ddis)USD-41372-PX1-FF-LU-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25" }, "date": { "value": "2026-09-30", "status": "verified", "source": "https://www.franklintempleton.lu/download/en-lu/factsheet/b5f78498-90f7-44b3-8059-9a07c0d478d8/Factsheet-FranklinOnChainUSGovernmentMoneyFund-AB(Ddis)USD-41372-PX1-FF-LU-en-GB.PDF", "source_type": "issuer", "retrieved": "2026-10-25" } }, "official_url": "https://franklintempleton.lu/our-funds/price-and-performance-money-funds/products/41372/QY2/franklin-on-chain-u-s-government-money-fund/LU2900381208", "coverage": { "verified": 11, "unknown": 10, "conflict": 0 } }, { "id": "fidelity-fdit", "ticker": "FYOXX", "name": "Fidelity Treasury Digital Fund (OnChain class)", "category": "tokenized_treasury", "issuer": { "value": "Fidelity Hereford Street Trust; adviser Fidelity Management & Research Company LLC", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm", "source_type": "regulator", "retrieved": "2026-10-25", "note": "Summary prospectus (SEC Form 497K, Fidelity Hereford Street Trust) dated June 29, 2026" }, "product_type": { "value": "SEC-registered money market fund (invests consistent with Rule 2a-7); OnChain share class with ownership also recorded on a public blockchain", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm", "source_type": "regulator", "retrieved": "2026-10-25", "note": "Summary prospectus (SEC Form 497K, Fidelity Hereford Street Trust) dated June 29, 2026" }, "legal_framework": { "value": "Investment Company Act of 1940 registered fund", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm", "source_type": "regulator", "retrieved": "2026-10-25", "note": "Summary prospectus (SEC Form 497K, Fidelity Hereford Street Trust) dated June 29, 2026" }, "underlying": { "value": "At least 99.5% of total assets in cash and US Treasury securities; the fund will not invest in crypto assets", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm", "source_type": "regulator", "retrieved": "2026-10-25", "note": "Summary prospectus (SEC Form 497K, Fidelity Hereford Street Trust) dated June 29, 2026" }, "chains": { "value": [ "Ethereum" ], "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm", "source_type": "regulator", "retrieved": "2026-10-25", "note": "Ownership also recorded on a public blockchain; the transfer agent's book-entry record is official and is reconciled at least daily. Ethereum transaction fees currently borne by the Adviser or affiliates" }, "eligibility": { "us_persons": { "value": true, "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm", "source_type": "regulator", "retrieved": "2026-10-25", "note": "US registered fund; offered to institutional investors" }, "investor_types": { "value": [ "Certain institutional investors who complete an application with the fund" ], "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm", "source_type": "regulator", "retrieved": "2026-10-25", "note": "Summary prospectus (SEC Form 497K, Fidelity Hereford Street Trust) dated June 29, 2026" }, "kyc_required": { "value": true, "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm", "source_type": "regulator", "retrieved": "2026-10-25", "note": "Fund collects information under its AML and KYC policies before opening an account" } }, "minimums": { "initial": { "value": 1000000, "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm", "source_type": "regulator", "retrieved": "2026-10-25", "note": "USD 1,000,000 initial; the fund may waive or lower it" } }, "subscription": { "frequency": { "value": "At the NAV next calculated after an order in proper form; open each day the NYSE is open, and on days the New York Fed is open even if the NYSE is closed", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm", "source_type": "regulator", "retrieved": "2026-10-25" }, "fee": { "value": "None (no shareholder fees)", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm", "source_type": "regulator", "retrieved": "2026-10-25" }, "currency": { "value": null, "status": "unknown", "note": "Not stated in the summary prospectus", "sources_checked": [ "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm" ] } }, "redemption": { "frequency": { "value": "At the NAV next calculated after an order in proper form, on fund business days", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm", "source_type": "regulator", "retrieved": "2026-10-25" }, "fee": { "value": "None (no shareholder fees)", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm", "source_type": "regulator", "retrieved": "2026-10-25" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not stated in the summary prospectus; see the full prospectus", "sources_checked": [ "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm" ] }, "gates": { "value": null, "status": "unknown", "note": "Not stated in the summary prospectus; see the full prospectus", "sources_checked": [ "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm" ] } }, "fees": { "management": { "value": "Management fee 0.25%; total 0.25%; fee waiver 0.05%; net 0.20%", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm", "source_type": "regulator", "retrieved": "2026-10-25", "note": "Contractual reimbursement for the OnChain class through August 31, 2027" } }, "aum": { "issuer_reported": { "value": null, "status": "unknown", "note": "No fund-level AUM for the OnChain class found in an issuer document we could open (checked 2026-10-25)", "sources_checked": [ "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm" ] } }, "reserve_report": { "kind": { "value": "SEC-registered fund reporting (prospectus, shareholder reports, Form N-MFP)", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm", "source_type": "regulator", "retrieved": "2026-10-25" }, "url": { "value": "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm", "source_type": "regulator", "retrieved": "2026-10-25" }, "date": { "value": null, "status": "unknown", "note": "Holdings date not captured from an issuer page (checked 2026-10-25)" } }, "genius_note": { "value": "Prospectus says the fund invests in compliance with money market fund rules and any applicable GENIUS Act requirements for quality, maturity, liquidity and diversification", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm", "source_type": "regulator", "retrieved": "2026-10-25" }, "official_url": "https://www.sec.gov/Archives/edgar/data/917286/000091728626000093/filing12075.htm", "coverage": { "verified": 17, "unknown": 5, "conflict": 0 } }, { "id": "vaneck-vbill", "ticker": "VBILL", "name": "VanEck Treasury Fund", "category": "tokenized_treasury", "issuer": { "value": "VanEck Treasury Fund, Ltd. (British Virgin Islands, incorporated 2024); tokenized by Securitize", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/2068562/000206856226000001/primary_doc.xml", "source_type": "regulator", "retrieved": "2026-10-25", "note": "SEC Form D/A filed 2026-05-29 (accession 0002068562-26-000001)" }, "product_type": { "value": "Tokenized fund holding US Treasury obligations and repo, stable USD 1 NAV", "status": "verified", "source": "https://investors.securitize.io/news/news-details/2025/VanEck-Launches-First-Tokenized-Fund-VBILL-on-Securitize-05-13-2025/default.aspx", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Securitize/VanEck launch release, May 13, 2025" }, "legal_framework": { "value": "Private placement under Reg D Rule 506(c); Investment Company Act 3(c)(7); Form D industry: pooled investment fund", "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/2068562/000206856226000001/primary_doc.xml", "source_type": "regulator", "retrieved": "2026-10-25", "note": "SEC Form D/A filed 2026-05-29" }, "underlying": { "value": "US Treasury obligations and repurchase agreements", "status": "verified", "source": "https://investors.securitize.io/news/news-details/2025/VanEck-Launches-First-Tokenized-Fund-VBILL-on-Securitize-05-13-2025/default.aspx", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": [ "Avalanche", "BNB Chain", "Ethereum", "Solana" ], "status": "verified", "source": "https://investors.securitize.io/news/news-details/2025/VanEck-Launches-First-Tokenized-Fund-VBILL-on-Securitize-05-13-2025/default.aspx", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Networks named at launch (May 13, 2025); later additions not confirmed in an issuer document" }, "eligibility": { "us_persons": { "value": true, "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/2068562/000206856226000001/primary_doc.xml", "source_type": "regulator", "retrieved": "2026-10-25", "note": "US offering under Rule 506(c) with 3(c)(7): US buyers must be accredited investors who are qualified purchasers; Form D/A reports no non-accredited investors" }, "investor_types": { "value": [ "Institutional and qualified investors" ], "status": "verified", "source": "https://investors.securitize.io/news/news-details/2025/VanEck-Launches-First-Tokenized-Fund-VBILL-on-Securitize-05-13-2025/default.aspx", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Form D/A (2026-05-29): 15 investors, none non-accredited" }, "kyc_required": { "value": true, "status": "verified", "source": "https://investors.securitize.io/news/news-details/2025/VanEck-Launches-First-Tokenized-Fund-VBILL-on-Securitize-05-13-2025/default.aspx", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Onboarding through Securitize (transfer agent, administrator and broker-dealer)" } }, "minimums": { "initial": { "value": 100000, "status": "conflict", "source": "https://investors.securitize.io/news/news-details/2025/VanEck-Launches-First-Tokenized-Fund-VBILL-on-Securitize-05-13-2025/default.aspx", "other_sources": [ "https://www.sec.gov/Archives/edgar/data/2068562/000206856226000001/primary_doc.xml" ], "source_type": "mixed", "retrieved": "2026-10-25", "note": "USD 100,000 on Avalanche, BNB Chain and Solana and USD 1,000,000 on Ethereum per the launch release; SEC Form D/A lists USD 100,000 as the minimum accepted from any outside investor." } }, "subscription": { "frequency": { "value": "24/7 issuance via USDC (per launch release)", "status": "verified", "source": "https://investors.securitize.io/news/news-details/2025/VanEck-Launches-First-Tokenized-Fund-VBILL-on-Securitize-05-13-2025/default.aspx", "source_type": "issuer", "retrieved": "2026-10-25" }, "currency": { "value": [ "USDC" ], "status": "verified", "source": "https://investors.securitize.io/news/news-details/2025/VanEck-Launches-First-Tokenized-Fund-VBILL-on-Securitize-05-13-2025/default.aspx", "source_type": "issuer", "retrieved": "2026-10-25" }, "fee": { "value": null, "status": "unknown", "note": "Not stated in a public VanEck or Securitize document (checked 2026-10-25)", "sources_checked": [ "https://investors.securitize.io/news/news-details/2025/VanEck-Launches-First-Tokenized-Fund-VBILL-on-Securitize-05-13-2025/default.aspx", "https://www.sec.gov/Archives/edgar/data/2068562/000206856226000001/primary_doc.xml" ] } }, "redemption": { "frequency": { "value": null, "status": "unknown", "note": "Not stated in a public document (checked 2026-10-25)", "sources_checked": [ "https://investors.securitize.io/news/news-details/2025/VanEck-Launches-First-Tokenized-Fund-VBILL-on-Securitize-05-13-2025/default.aspx" ] }, "settlement_time": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://investors.securitize.io/news/news-details/2025/VanEck-Launches-First-Tokenized-Fund-VBILL-on-Securitize-05-13-2025/default.aspx" ] }, "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://investors.securitize.io/news/news-details/2025/VanEck-Launches-First-Tokenized-Fund-VBILL-on-Securitize-05-13-2025/default.aspx" ] }, "gates": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://investors.securitize.io/news/news-details/2025/VanEck-Launches-First-Tokenized-Fund-VBILL-on-Securitize-05-13-2025/default.aspx" ] } }, "fees": { "management": { "value": null, "status": "unknown", "note": "Not stated in a public VanEck or Securitize document (checked 2026-10-25)", "sources_checked": [ "https://investors.securitize.io/news/news-details/2025/VanEck-Launches-First-Tokenized-Fund-VBILL-on-Securitize-05-13-2025/default.aspx" ] } }, "aum": { "form_d_total_sold": { "value": { "value_usd": 167635143, "as_of": "2026-05-29" }, "status": "verified", "source": "https://www.sec.gov/Archives/edgar/data/2068562/000206856226000001/primary_doc.xml", "source_type": "regulator", "retrieved": "2026-10-25", "note": "Total amount sold since first sale (2025-06-01), per Form D/A signed 2026-05-29. Cumulative sales, not current AUM." }, "issuer_reported": { "value": null, "status": "unknown", "note": "No issuer-published AUM found (checked 2026-10-25)" } }, "reserve_report": { "kind": { "value": null, "status": "unknown", "note": "No public holdings report found (checked 2026-10-25)" } }, "official_url": "https://investors.securitize.io/news/news-details/2025/VanEck-Launches-First-Tokenized-Fund-VBILL-on-Securitize-05-13-2025/default.aspx", "coverage": { "verified": 11, "unknown": 8, "conflict": 1 } }, { "id": "tether-usdt", "ticker": "USDT", "name": "Tether USD₮", "issuer": { "value": "Tether International, S.A. de C.V. (El Salvador)", "status": "verified", "source": "https://tether.io/news/tether-posts-strong-q2-performance-generates-1-5b-net-operating-profit-maintains-4-11b-reserve-buffer-and-expands-gold-holdings-to-more-than-146-tons/", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "Fiat-referenced stablecoin; reserves centered on US Treasuries/repo, plus gold and Bitcoin holdings", "status": "verified", "source": "https://tether.io/news/tether-posts-strong-q2-performance-generates-1-5b-net-operating-profit-maintains-4-11b-reserve-buffer-and-expands-gold-holdings-to-more-than-146-tons/", "source_type": "issuer", "retrieved": "2026-10-25" }, "regulator": { "value": "El Salvador-based; not a US-regulated issuer. Tether launched a separate US-standards token (USAT) issued through Anchorage Digital in 2026", "status": "verified", "source": "https://www.coindesk.com/news-analysis/2026/07/17/tether-s-usdt-hits-2-year-countdown-threatening-its-position-on-u-s-crypto-platforms", "source_type": "third_party", "retrieved": "2026-10-25" }, "chains": { "value": [ "Tron", "Ethereum", "Solana", "TON", "Aptos", "Avalanche", "Kaia", "Celo" ], "status": "verified", "source": "https://app.tether.to/transparency.json", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Largest circulating balances among chains Tether issues on natively, per Tether transparency data" }, "eligibility": { "us_persons": { "value": false, "status": "verified", "source": "https://tether.to/en/legal/", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Terms (updated Feb 26, 2026) list any U.S. Person as a Prohibited Person, except Eligible Contract Participants Tether agrees to. Applies to direct mint/redeem at Tether.to." }, "investor_types": { "value": [ "Verified Tether.to account holders (direct mint/redeem)" ], "status": "verified", "source": "https://tether.to/en/fees/", "source_type": "issuer", "retrieved": "2026-10-25" }, "kyc_required": { "value": true, "status": "verified", "source": "https://tether.to/en/fees/", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Account verification; USD 150 non-refundable verification fee" } }, "minimums": { "initial": { "value": 100000, "status": "verified", "source": "https://tether.to/en/fees/", "source_type": "issuer", "retrieved": "2026-10-25", "note": "USD 100,000 (direct mint at Tether.to); minimum acquisition or redemption amount" } }, "subscription": { "fee": { "value": "0.1% per acquisition", "status": "verified", "source": "https://tether.to/en/fees/", "source_type": "issuer", "retrieved": "2026-10-25" } }, "redemption": { "fee": { "value": "Greater of $1,000 or 0.1%", "status": "verified", "source": "https://tether.to/en/fees/", "source_type": "issuer", "retrieved": "2026-10-25" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "gates": { "value": "Tether has sole discretion to approve accounts", "status": "verified", "source": "https://tether.to/en/fees/", "source_type": "issuer", "retrieved": "2026-10-25" } }, "aum": { "supply": { "value": { "value_usd": 182493797362, "as_of": "2026-10-25" }, "status": "verified", "source": "https://app.tether.to/transparency.json", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Circulating = issued tokens minus Tether reserve balances and quarantined tokens, summed across chains; equals total liabilities in the same feed. Total assets reported: 187,960,745,865 USD (feed undated, retrieved 2026-10-25)" } }, "reserve_report": { "kind": { "value": "Quarterly attestation prepared by BDO", "status": "verified", "source": "https://tether.io/news/tether-posts-strong-q2-performance-generates-1-5b-net-operating-profit-maintains-4-11b-reserve-buffer-and-expands-gold-holdings-to-more-than-146-tons/", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://tether.io/news/tether-posts-strong-q2-performance-generates-1-5b-net-operating-profit-maintains-4-11b-reserve-buffer-and-expands-gold-holdings-to-more-than-146-tons/", "status": "verified", "source": "https://tether.io/news/tether-posts-strong-q2-performance-generates-1-5b-net-operating-profit-maintains-4-11b-reserve-buffer-and-expands-gold-holdings-to-more-than-146-tons/", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Press release linking Q2 2026 attestation" }, "date": { "value": "2026-06-30", "status": "verified", "source": "https://tether.io/news/tether-posts-strong-q2-performance-generates-1-5b-net-operating-profit-maintains-4-11b-reserve-buffer-and-expands-gold-holdings-to-more-than-146-tons/", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Q2 2026 BDO attestation published 2026-07-31. Rechecked 2026-10-25: no Q3 2026 attestation found yet." } }, "genius_note": { "value": "Per CoinDesk (Jul 2026): non-US issuers like Tether have until the GENIUS safe harbor expires (rules fully effective by July 2028) to settle compliance; non-compliant stablecoins cannot then be used by US institutions", "status": "verified", "source": "https://www.coindesk.com/news-analysis/2026/07/17/tether-s-usdt-hits-2-year-countdown-threatening-its-position-on-u-s-crypto-platforms", "source_type": "third_party", "retrieved": "2026-10-25" }, "official_url": "https://tether.to/en/transparency/", "category": "stablecoin", "coverage": { "verified": 16, "unknown": 1, "conflict": 0 } }, { "id": "circle-usdc", "ticker": "USDC", "name": "USD Coin", "issuer": { "value": "Circle Internet Financial, LLC (US); Circle Internet Financial Europe SAS co-issues in the EEA", "status": "verified", "source": "https://www.circle.com/legal/usdc-terms", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "Fiat-backed payment stablecoin; reserves in cash and Circle Reserve Fund (USDXX, SEC 2a-7 MMF)", "status": "verified", "source": "https://www.circle.com/transparency", "source_type": "issuer", "retrieved": "2026-10-25" }, "regulator": { "value": "Regulated in the US as stored value/prepaid access under state money-transmission laws; NYDFS licensed", "status": "verified", "source": "https://www.circle.com/legal/usdc-terms", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": [ "Ethereum", "Solana", "HyperEVM", "Base", "Arbitrum", "Arc", "Polygon", "Avalanche", "Stellar" ], "status": "verified", "source": "https://api.circle.com/v1/stablecoins", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Largest circulating amounts by chain per Circle's public stablecoin API; 39 chains listed" }, "eligibility": { "us_persons": { "value": true, "status": "verified", "source": "https://www.circle.com/legal/usdc-terms", "source_type": "issuer", "retrieved": "2026-10-25" }, "investor_types": { "value": [ "Circle Mint account holders (direct mint/redeem); others hold via third parties" ], "status": "verified", "source": "https://www.circle.com/legal/usdc-terms", "source_type": "issuer", "retrieved": "2026-10-25" }, "kyc_required": { "value": true, "status": "verified", "source": "https://www.circle.com/legal/usdc-terms", "source_type": "issuer", "retrieved": "2026-10-25", "note": "KYC required to redeem; Circle Mint account in good standing" } }, "minimums": { "initial": { "value": null, "status": "unknown", "note": "Circle Mint minimums not published in terms", "sources_checked": [ "https://www.circle.com/legal/usdc-terms" ] } }, "subscription": { "fee": { "value": "No fee to tokenize USD to USDC except as on Circle fee schedule", "status": "verified", "source": "https://www.circle.com/legal/usdc-terms", "source_type": "issuer", "retrieved": "2026-10-25" } }, "redemption": { "fee": { "value": "Redeemable 1:1 'less fees where applicable' (see fee schedule)", "status": "verified", "source": "https://www.circle.com/legal/usdc-terms", "source_type": "issuer", "retrieved": "2026-10-25" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "gates": { "value": "Circle may delay or decline suspicious redemptions; blocklisting policy", "status": "verified", "source": "https://www.circle.com/legal/usdc-terms", "source_type": "issuer", "retrieved": "2026-10-25" } }, "aum": { "supply": { "value": { "value_usd": 71542295767, "as_of": "2026-10-25" }, "status": "verified", "source": "https://api.circle.com/v1/stablecoins", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Total USDC across chains per Circle's public stablecoin API, updated 2026-10-25 10:03 PM ET" } }, "reserve_report": { "kind": { "value": "Weekly reserve disclosure + monthly Deloitte examination (AICPA)", "status": "verified", "source": "https://www.circle.com/transparency", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://6778953.fs1.hubspotusercontent-na1.net/hubfs/6778953/USDCAttestationReports/2026/2026%20USDC_Examination%20Report%20August%2026.pdf", "status": "verified", "source": "https://6778953.fs1.hubspotusercontent-na1.net/hubfs/6778953/USDCAttestationReports/2026/2026%20USDC_Examination%20Report%20August%2026.pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "August 31, 2026 report" }, "date": { "value": "2026-08-31", "status": "verified", "source": "https://6778953.fs1.hubspotusercontent-na1.net/hubfs/6778953/USDCAttestationReports/2026/2026%20USDC_Examination%20Report%20August%2026.pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "August 2026 Deloitte examination is the latest we could open. Rechecked 2026-10-25: a September 2026 report was not at Circle's usual report URL. Weekly reserve composition on circle.com/transparency was as of 2026-10-22." } }, "official_url": "https://www.circle.com/transparency", "category": "stablecoin", "coverage": { "verified": 14, "unknown": 2, "conflict": 0 } }, { "id": "sky-usds", "ticker": "USDS", "name": "Sky Dollar", "issuer": { "value": "Sky Protocol (decentralized; successor to MakerDAO)", "status": "verified", "source": "https://developers.sky.money/protocol/tokens/usds", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "Crypto-collateralized decentralized stablecoin (ERC-20, upgradeable UUPS proxy)", "status": "verified", "source": "https://developers.sky.money/protocol/tokens/usds", "source_type": "issuer", "retrieved": "2026-10-25" }, "regulator": { "value": null, "status": "unknown", "note": "No regulated issuer; not a GENIUS permitted payment stablecoin issuer as far as reviewed" }, "chains": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "eligibility": { "us_persons": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "investor_types": { "value": [ "Anyone via on-chain converter (DAI<->USDS)" ], "status": "verified", "source": "https://developers.sky.money/protocol/tokens/usds", "source_type": "issuer", "retrieved": "2026-10-25" }, "kyc_required": { "value": false, "status": "verified", "source": "https://developers.sky.money/protocol/tokens/usds", "source_type": "issuer", "retrieved": "2026-10-25", "note": "DAI-USDS converter has no additional restrictions" } }, "minimums": { "initial": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "subscription": { "fee": { "value": "0 (DAI->USDS converter; fees cannot be enabled)", "status": "verified", "source": "https://developers.sky.money/protocol/tokens/usds", "source_type": "issuer", "retrieved": "2026-10-25" } }, "redemption": { "fee": { "value": "0 (USDS->DAI converter)", "status": "verified", "source": "https://developers.sky.money/protocol/tokens/usds", "source_type": "issuer", "retrieved": "2026-10-25" }, "settlement_time": { "value": "Atomic on-chain", "status": "verified", "source": "https://developers.sky.money/protocol/tokens/usds", "source_type": "issuer", "retrieved": "2026-10-25" }, "gates": { "value": null, "status": "unknown", "note": "No issuer fiat redemption" } }, "aum": { "supply": { "value": { "value_usd": 6803276292, "as_of": "2026-10-25", "scope": "Ethereum contract" }, "status": "verified", "source": "https://chainlog.sky.money/api/mainnet/active.json", "source_type": "issuer", "retrieved": "2026-10-25", "note": "totalSupply() of the USDS contract 0xdC035D45d973E3EC169d2276DDab16f1e407384F (address from Sky's chainlog), read on-chain at Ethereum block 26273872 (2026-10-25 22:27 ET). Ethereum only; bridged amounts on other chains are not added." } }, "reserve_report": { "kind": { "value": "On-chain collateral (no fiat reserve attestation)", "status": "verified", "source": "https://developers.sky.money/protocol/tokens/usds", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": null, "status": "unknown", "note": "Not stated in Sky documents checked 2026-10-25" }, "date": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "official_url": "https://sky.money/", "category": "stablecoin", "coverage": { "verified": 9, "unknown": 7, "conflict": 0 } }, { "id": "sky-dai", "ticker": "DAI", "name": "Dai", "issuer": { "value": "Sky Protocol (formerly MakerDAO)", "status": "verified", "source": "https://developers.sky.money/protocol/tokens/usds", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "Crypto-collateralized decentralized stablecoin; 1:1 convertible to USDS", "status": "verified", "source": "https://developers.sky.money/protocol/tokens/usds", "source_type": "issuer", "retrieved": "2026-10-25" }, "regulator": { "value": null, "status": "unknown", "note": "No regulated issuer" }, "chains": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "eligibility": { "us_persons": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "investor_types": { "value": [ "Anyone via on-chain converter" ], "status": "verified", "source": "https://developers.sky.money/protocol/tokens/usds", "source_type": "issuer", "retrieved": "2026-10-25" }, "kyc_required": { "value": false, "status": "verified", "source": "https://developers.sky.money/protocol/tokens/usds", "source_type": "issuer", "retrieved": "2026-10-25" } }, "minimums": { "initial": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "subscription": { "fee": { "value": "0 via USDS converter", "status": "verified", "source": "https://developers.sky.money/protocol/tokens/usds", "source_type": "issuer", "retrieved": "2026-10-25" } }, "redemption": { "fee": { "value": "0 via USDS converter", "status": "verified", "source": "https://developers.sky.money/protocol/tokens/usds", "source_type": "issuer", "retrieved": "2026-10-25" }, "settlement_time": { "value": "Atomic on-chain", "status": "verified", "source": "https://developers.sky.money/protocol/tokens/usds", "source_type": "issuer", "retrieved": "2026-10-25" }, "gates": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "aum": { "supply": { "value": { "value_usd": 4525933141, "as_of": "2026-10-25", "scope": "Ethereum contract" }, "status": "verified", "source": "https://chainlog.sky.money/api/mainnet/active.json", "source_type": "issuer", "retrieved": "2026-10-25", "note": "totalSupply() of the DAI contract 0x6B175474E89094C44Da98b954EedeAC495271d0F (address from Sky's chainlog), read on-chain at Ethereum block 26273872 (2026-10-25 22:27 ET). Ethereum only." } }, "reserve_report": { "kind": { "value": "On-chain collateral (no fiat reserve attestation)", "status": "verified", "source": "https://developers.sky.money/protocol/tokens/usds", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "date": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "official_url": "https://sky.money/", "category": "stablecoin", "coverage": { "verified": 9, "unknown": 7, "conflict": 0 } }, { "id": "ethena-usde", "ticker": "USDe", "name": "Ethena USDe", "issuer": { "value": "Ethena (BVI) Limited", "status": "verified", "source": "https://docs.ethena.fi/llms-full.txt", "source_type": "issuer", "retrieved": "2026-10-25", "note": "USDe Terms and Conditions" }, "product_type": { "value": "Synthetic dollar backed by crypto spot + short perpetual hedges, stablecoins and RWAs; stored value, no claim on issuer equity", "status": "verified", "source": "https://docs.ethena.fi/llms-full.txt", "source_type": "issuer", "retrieved": "2026-10-25" }, "regulator": { "value": null, "status": "unknown", "note": "No US regulator; Ethena BVI not a GENIUS permitted issuer as reviewed" }, "chains": { "value": null, "status": "unknown", "note": "Not yet confirmed in an issuer or regulator document (checked 2026-10-25)" }, "eligibility": { "us_persons": { "value": null, "status": "unknown", "note": "Ethena terms limit minting to supported jurisdictions; the list is not stated in the terms page checked 2026-10-25", "sources_checked": [ "https://docs.ethena.fi/llms-full.txt" ] }, "investor_types": { "value": [ "Whitelisted Mint Users (approved market-making counterparties) for direct mint/redeem" ], "status": "verified", "source": "https://docs.ethena.fi/llms-full.txt", "source_type": "issuer", "retrieved": "2026-10-25" }, "kyc_required": { "value": true, "status": "verified", "source": "https://docs.ethena.fi/llms-full.txt", "source_type": "issuer", "retrieved": "2026-10-25", "note": "KYC/KYB for direct mint/redeem" } }, "minimums": { "initial": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "subscription": { "fee": { "value": "Slippage/execution costs priced in; Ethena earns no profit on mint/redeem", "status": "verified", "source": "https://docs.ethena.fi/llms-full.txt", "source_type": "issuer", "retrieved": "2026-10-25" } }, "redemption": { "fee": { "value": "Slippage/execution costs priced in", "status": "verified", "source": "https://docs.ethena.fi/llms-full.txt", "source_type": "issuer", "retrieved": "2026-10-25" }, "settlement_time": { "value": "On demand for whitelisted users (atomic)", "status": "verified", "source": "https://docs.ethena.fi/llms-full.txt", "source_type": "issuer", "retrieved": "2026-10-25" }, "gates": { "value": "Holding Users cannot redeem unless they become whitelisted Mint Users", "status": "verified", "source": "https://docs.ethena.fi/llms-full.txt", "source_type": "issuer", "retrieved": "2026-10-25" } }, "aum": { "supply": { "value": { "value_usd": 4584247594, "as_of": "2026-10-25", "scope": "Ethereum contract" }, "status": "verified", "source": "https://docs.ethena.fi/llms-full.txt", "source_type": "issuer", "retrieved": "2026-10-25", "note": "totalSupply() of the USDe contract 0x4c9EDD5852cd905f086C759E8383e09bff1E68B3 (address from Ethena docs), read on-chain at Ethereum block 26273872 (2026-10-25 22:27 ET). Ethereum mainnet contract only; we did not add amounts on other chains because the docs we read do not state how USDe on other chains relates to this supply." } }, "reserve_report": { "kind": { "value": "Monthly custodian attestations (Copper, Ceffu, Kraken, Anchorage)", "status": "verified", "source": "https://docs.ethena.fi/llms-full.txt", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://ethena.fi/blog/custodian-attestations-of-assets-backing-usde-september-3", "status": "verified", "source": "https://docs.ethena.fi/llms-full.txt", "source_type": "issuer", "retrieved": "2026-10-25" }, "date": { "value": "2026-09", "status": "verified", "source": "https://docs.ethena.fi/llms-full.txt", "source_type": "issuer", "retrieved": "2026-10-25", "note": "September 2026 attestation is latest listed" } }, "official_url": "https://ethena.fi/", "category": "stablecoin", "coverage": { "verified": 12, "unknown": 4, "conflict": 0 } }, { "id": "wlfi-usd1", "ticker": "USD1", "name": "World Liberty Financial USD", "issuer": { "value": "BitGo Bank & Trust, N.A. (issuer/custodian) for World Liberty Financial", "status": "verified", "source": "https://landing.bitgo.com/rs/552-OGK-141/images/USD1_Reserve_Attestation_Report_August_2026.pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Per August 2026 attestation report title/assertion" }, "product_type": { "value": "Fiat-backed stablecoin; reserves in US cash, government MMFs and cash equivalents", "status": "verified", "source": "https://www.worldlibertyfinancial.com/usd1", "source_type": "issuer", "retrieved": "2026-10-25" }, "regulator": { "value": "BitGo Bank & Trust, National Association: national trust bank chartered and regulated by the OCC", "status": "verified", "source": "https://www.bitgo.com/usd1-terms/", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": [ "Ethereum", "BNB Smart Chain", "Solana", "Tron", "Aptos", "Tempo", "Canton" ], "status": "verified", "source": "https://landing.bitgo.com/rs/552-OGK-141/images/USD1_Reserve_Attestation_Report_August_2026.pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "August 2026 reserve report: minted and redeemed on Ethereum, BNB Smart Chain, Solana, Tron, Aptos and Tempo; a footnote lists a USD1 address on the Canton blockchain" }, "eligibility": { "us_persons": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "investor_types": { "value": [ "BitGo clients in good standing (direct redemption)" ], "status": "verified", "source": "https://www.bitgo.com/legal/bitgo-coin-minting-services-terms/", "source_type": "issuer", "retrieved": "2026-10-25" }, "kyc_required": { "value": true, "status": "verified", "source": "https://www.bitgo.com/legal/bitgo-coin-minting-services-terms/", "source_type": "issuer", "retrieved": "2026-10-25" } }, "minimums": { "initial": { "value": null, "status": "unknown", "note": "No minimum stated in BitGo's USD1 Terms (checked 2026-10-25); redemption eligibility is deferred to BitGo's Stablecoin Services Agreement, which is not public", "sources_checked": [ "https://www.bitgo.com/usd1-terms/" ] } }, "subscription": { "fee": { "value": "Exchange fees disclosed at the time of the transaction (amount not published)", "status": "verified", "source": "https://www.bitgo.com/usd1-terms/", "source_type": "issuer", "retrieved": "2026-10-25" } }, "redemption": { "fee": { "value": "Exchange fees disclosed at the time of the transaction (amount not published)", "status": "verified", "source": "https://www.bitgo.com/usd1-terms/", "source_type": "issuer", "retrieved": "2026-10-25" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "gates": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "aum": { "supply": { "value": { "value_usd": 4195303689, "as_of": "2026-08-31" }, "status": "verified", "source": "https://landing.bitgo.com/rs/552-OGK-141/images/USD1_Reserve_Attestation_Report_August_2026.pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Total USD1 redeemable tokens outstanding, BitGo August 2026 reserve report (examined by an independent accountant)" } }, "reserve_report": { "kind": { "value": "Monthly independent accountant examination (AICPA 2025 criteria)", "status": "verified", "source": "https://www.bitgo.com/usd1/attestations/", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://landing.bitgo.com/rs/552-OGK-141/images/USD1_Reserve_Attestation_Report_August_2026.pdf", "status": "verified", "source": "https://www.bitgo.com/usd1/attestations/", "source_type": "issuer", "retrieved": "2026-10-25" }, "date": { "value": "2026-08", "status": "verified", "source": "https://www.bitgo.com/usd1/attestations/", "source_type": "issuer", "retrieved": "2026-10-25", "note": "August 2026 is latest listed" } }, "official_url": "https://www.worldlibertyfinancial.com/usd1", "category": "stablecoin", "coverage": { "verified": 12, "unknown": 4, "conflict": 0 } }, { "id": "paxos-usdg", "ticker": "USDG", "name": "Global Dollar", "issuer": { "value": "Paxos Digital Singapore Pte. Ltd. (MAS Major Payments Institution); also Paxos Issuance Europe (FIN-FSA, MiCA)", "status": "verified", "source": "https://www.paxos.com/usdg", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "Fiat-backed stablecoin, 1:1 redeemable from Paxos", "status": "verified", "source": "https://www.paxos.com/usdg", "source_type": "issuer", "retrieved": "2026-10-25" }, "regulator": { "value": "Monetary Authority of Singapore; Finnish FSA under MiCA", "status": "verified", "source": "https://www.paxos.com/usdg", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": [ "Arbitrum", "Ethereum", "Ink", "Mantle", "Robinhood Chain", "Solana", "X Layer" ], "status": "verified", "source": "https://www.paxos.com/usdg", "source_type": "issuer", "retrieved": "2026-10-25" }, "eligibility": { "us_persons": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "investor_types": { "value": [ "Paxos customers / Global Dollar Network participants (direct redemption)" ], "status": "verified", "source": "https://www.paxos.com/usdg", "source_type": "issuer", "retrieved": "2026-10-25" }, "kyc_required": { "value": null, "status": "unknown", "note": "Not stated in Paxos USDG page, checked 2026-10-25" } }, "minimums": { "initial": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "subscription": { "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "redemption": { "fee": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "gates": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "aum": { "supply": { "value": null, "status": "unknown", "note": "Issuer-published circulating supply not captured (checked 2026-10-25). Aggregator figures are not republished here (licensing)." } }, "reserve_report": { "kind": { "value": "Monthly reserve reports", "status": "verified", "source": "https://www.paxos.com/usdg", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://www.paxos.com/usdg-transparency", "status": "verified", "source": "https://www.paxos.com/usdg", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Transparency link from Paxos site" }, "date": { "value": null, "status": "unknown", "note": "Latest report month not stated on Paxos transparency page, checked 2026-10-25" } }, "official_url": "https://www.paxos.com/usdg", "category": "stablecoin", "coverage": { "verified": 7, "unknown": 9, "conflict": 0 } }, { "id": "paxos-pyusd", "ticker": "PYUSD", "name": "PayPal USD", "issuer": { "value": "Paxos Trust Company, N.A.", "status": "verified", "source": "https://www.paxos.com/pyusd", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "Fiat-backed payment stablecoin; reserves in USD deposits, Treasuries, cash equivalents", "status": "verified", "source": "https://www.paxos.com/pyusd", "source_type": "issuer", "retrieved": "2026-10-25" }, "regulator": { "value": "Office of the Comptroller of the Currency (OCC)", "status": "verified", "source": "https://www.paxos.com/pyusd", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": [ "Ethereum", "Solana", "Stellar", "Arbitrum", "X Layer", "Polygon", "Stable" ], "status": "verified", "source": "https://www.paxos.com/pyusd", "source_type": "issuer", "retrieved": "2026-10-25" }, "eligibility": { "us_persons": { "value": true, "status": "verified", "source": "https://www.paxos.com/pyusd", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Buy/sell via PayPal and Venmo (not available in Hawaii)" }, "investor_types": { "value": [ "PayPal/Venmo users; Paxos mint/redeem customers" ], "status": "verified", "source": "https://www.paxos.com/pyusd", "source_type": "issuer", "retrieved": "2026-10-25" }, "kyc_required": { "value": true, "status": "verified", "source": "https://www.paxos.com/pyusd", "source_type": "issuer", "retrieved": "2026-10-25", "note": "PayPal Balance or Venmo account required" } }, "minimums": { "initial": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "subscription": { "fee": { "value": "Zero fees to convert PYUSD to USD with PayPal and Paxos", "status": "verified", "source": "https://www.paxos.com/pyusd", "source_type": "issuer", "retrieved": "2026-10-25" } }, "redemption": { "fee": { "value": "Zero to convert to USD with PayPal/Paxos", "status": "verified", "source": "https://www.paxos.com/pyusd", "source_type": "issuer", "retrieved": "2026-10-25" }, "settlement_time": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" }, "gates": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed" } }, "aum": { "supply": { "value": null, "status": "unknown", "note": "Issuer-published circulating supply not captured (checked 2026-10-25). Aggregator figures are not republished here (licensing)." } }, "reserve_report": { "kind": { "value": "Monthly KPMG attestation + Paxos self-reported composition", "status": "verified", "source": "https://www.paxos.com/pyusd-transparency", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://www.paxos.com/pyusd-transparency", "status": "verified", "source": "https://www.paxos.com/pyusd-transparency", "source_type": "issuer", "retrieved": "2026-10-25" }, "date": { "value": "2026-09", "status": "verified", "source": "https://www.paxos.com/pyusd-transparency", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Latest 2026 attestation month listed: September" } }, "official_url": "https://www.paxos.com/pyusd", "category": "stablecoin", "coverage": { "verified": 12, "unknown": 4, "conflict": 0 } }, { "category": "stablecoin", "id": "ethena-usdtb", "ticker": "USDtb", "name": "USDtb", "issuer": { "value": "Anchorage Digital Bank, N.A. (issuance, redemption and reserve management since Oct 13, 2025)", "status": "verified", "source": "https://docs.usdtb.money/introduction", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "USD payment stablecoin backed mainly by BlackRock's BUIDL tokenized fund, plus a stablecoin reserve for redemptions", "status": "verified", "source": "https://docs.usdtb.money/introduction", "source_type": "issuer", "retrieved": "2026-10-25" }, "regulator": { "value": "Issued by Anchorage Digital Bank, N.A., a national trust bank; reserve held in a South Dakota express trust with ADB as trustee", "status": "verified", "source": "https://www.anchorage.com/anchorage-digital-bank-n-a-covered-stablecoin-terms", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Covered Stablecoin Terms effective Oct 13, 2025" }, "chains": { "value": [ "Ethereum", "Solana" ], "status": "verified", "source": "https://docs.usdtb.money/key-addresses", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Token contracts listed in USDtb docs" }, "eligibility": { "us_persons": { "value": null, "status": "unknown", "note": "Terms limit issuance to ADB clients; client geography not stated (checked 2026-10-25)", "sources_checked": [ "https://www.anchorage.com/anchorage-digital-bank-n-a-covered-stablecoin-terms" ] }, "investor_types": { "value": [ "Anchorage Digital Bank clients (direct mint/redeem); others hold via third parties" ], "status": "verified", "source": "https://docs.usdtb.money/mint-and-redeem", "source_type": "issuer", "retrieved": "2026-10-25" }, "kyc_required": { "value": true, "status": "verified", "source": "https://www.anchorage.com/anchorage-digital-bank-n-a-covered-stablecoin-terms", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Issuance only to ADB clients; ADB may refuse for incomplete verification" } }, "minimums": { "initial": { "value": null, "status": "unknown", "note": "Not stated in USDtb docs or ADB terms (checked 2026-10-25)", "sources_checked": [ "https://docs.usdtb.money/mint-and-redeem", "https://www.anchorage.com/anchorage-digital-bank-n-a-covered-stablecoin-terms" ] } }, "subscription": { "fee": { "value": "Issued at par net of fees in ADB's Covered Stablecoin Fee Schedule (amount not public)", "status": "verified", "source": "https://www.anchorage.com/anchorage-digital-bank-n-a-covered-stablecoin-terms", "source_type": "issuer", "retrieved": "2026-10-25" } }, "redemption": { "fee": { "value": "Redeemed at par net of fees in ADB's Covered Stablecoin Fee Schedule (amount not public)", "status": "verified", "source": "https://www.anchorage.com/anchorage-digital-bank-n-a-covered-stablecoin-terms", "source_type": "issuer", "retrieved": "2026-10-25" }, "settlement_time": { "value": "ADB uses commercially reasonable efforts to process redemptions promptly; no fixed time stated", "status": "verified", "source": "https://www.anchorage.com/anchorage-digital-bank-n-a-covered-stablecoin-terms", "source_type": "issuer", "retrieved": "2026-10-25" }, "gates": { "value": "ADB may refuse, suspend or limit requests (verification, risk, operational or regulatory reasons)", "status": "verified", "source": "https://www.anchorage.com/anchorage-digital-bank-n-a-covered-stablecoin-terms", "source_type": "issuer", "retrieved": "2026-10-25" } }, "aum": { "supply": { "value": { "value_usd": 477312143, "as_of": "2026-10-25", "scope": "Ethereum L1 contract" }, "status": "verified", "source": "https://docs.usdtb.money/key-addresses", "source_type": "issuer", "retrieved": "2026-10-25", "note": "totalSupply() of the USDtb L1 token contract 0xC139190F447e929f090Edeb554D95AbB8b18aC1C (listed in USDtb docs), read on-chain at Ethereum block 26273902 on 2026-10-25. The Solana mint listed in the same docs showed 40,081,969 tokens; we do not add the two because the bridging model is not stated." } }, "reserve_report": { "kind": { "value": "Transparency dashboard of reserve assets; ADB publishes reserve composition as required by US federal law", "status": "verified", "source": "https://www.anchorage.com/anchorage-digital-bank-n-a-covered-stablecoin-terms", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://usdtb.money/transparency", "status": "verified", "source": "https://docs.usdtb.money/introduction", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Transparency dashboard linked from USDtb docs" }, "date": { "value": null, "status": "unknown", "note": "Dashboard date not captured (checked 2026-10-25)" } }, "official_url": "https://docs.usdtb.money/", "coverage": { "verified": 13, "unknown": 3, "conflict": 0 } }, { "category": "stablecoin", "id": "ripple-rlusd", "ticker": "RLUSD", "name": "Ripple USD", "issuer": { "value": "Standard Custody & Trust Company, LLC (subsidiary of Ripple Labs Inc.)", "status": "verified", "source": "https://cdn.sanity.io/files/ior4a5y3/production/4981331c98a2bb203c0c9ab2584e8b2a0da80938.pdf/RLUSD%20Attestation%20Report%20(Aug)_Final%20Signed.pdf", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "USD payment stablecoin backed 1:1 by cash, US Treasuries and government money market funds", "status": "verified", "source": "https://ripple.com/solutions/stablecoin/", "source_type": "issuer", "retrieved": "2026-10-25" }, "regulator": { "value": "NYDFS (New York limited purpose trust company); Ripple also cites DFSA (Dubai) approval", "status": "verified", "source": "https://ripple.com/solutions/stablecoin/", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": [ "XRP Ledger", "Ethereum", "Base", "Optimism", "Ink", "Unichain", "XRPL EVM Sidechain" ], "status": "verified", "source": "https://ripple.com/solutions/stablecoin/", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Issuer FAQ: 'seven networks (as available)'" }, "eligibility": { "us_persons": { "value": null, "status": "unknown", "note": "Availability depends on jurisdiction; not stated per country (checked 2026-10-25)", "sources_checked": [ "https://ripple.com/solutions/stablecoin/" ] }, "investor_types": { "value": [ "Institutions (issuer: 'built for institutions')" ], "status": "verified", "source": "https://ripple.com/solutions/stablecoin/", "source_type": "issuer", "retrieved": "2026-10-25" }, "kyc_required": { "value": null, "status": "unknown", "note": "Not stated on the issuer pages checked 2026-10-25", "sources_checked": [ "https://ripple.com/solutions/stablecoin/" ] } }, "minimums": { "initial": { "value": null, "status": "unknown", "note": "Not stated (checked 2026-10-25)", "sources_checked": [ "https://ripple.com/solutions/stablecoin/" ] } }, "subscription": { "fee": { "value": null, "status": "unknown", "note": "Not stated (checked 2026-10-25)", "sources_checked": [ "https://ripple.com/solutions/stablecoin/" ] } }, "redemption": { "fee": { "value": null, "status": "unknown", "note": "Not stated (checked 2026-10-25)", "sources_checked": [ "https://ripple.com/solutions/stablecoin/" ] }, "settlement_time": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://ripple.com/solutions/stablecoin/transparency/" ] }, "gates": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://ripple.com/solutions/stablecoin/" ] } }, "aum": { "supply": { "value": { "value_usd": 2382800000, "as_of": "2026-10-22" }, "status": "verified", "source": "https://ripple.com/solutions/stablecoin/transparency/", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Total circulating RLUSD USD 2,382.8M; reserve funds USD 2,528.0M (issuer transparency page)" } }, "reserve_report": { "kind": { "value": "Monthly attestation by an independent CPA licensed in the United States", "status": "verified", "source": "https://ripple.com/solutions/stablecoin/transparency/", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://cdn.sanity.io/files/ior4a5y3/production/4981331c98a2bb203c0c9ab2584e8b2a0da80938.pdf/RLUSD%20Attestation%20Report%20(Aug)_Final%20Signed.pdf", "status": "verified", "source": "https://ripple.com/solutions/stablecoin/transparency/", "source_type": "issuer", "retrieved": "2026-10-25" }, "date": { "value": "2026-08-31", "status": "verified", "source": "https://cdn.sanity.io/files/ior4a5y3/production/4981331c98a2bb203c0c9ab2584e8b2a0da80938.pdf/RLUSD%20Attestation%20Report%20(Aug)_Final%20Signed.pdf", "source_type": "issuer", "retrieved": "2026-10-25", "note": "August 2026 report (report dates Aug 17 and Aug 31, 2026), accountant's report dated Sept 29, 2026" } }, "official_url": "https://ripple.com/solutions/stablecoin/", "coverage": { "verified": 9, "unknown": 7, "conflict": 0 } }, { "category": "stablecoin", "id": "firstdigital-fdusd", "ticker": "FDUSD", "name": "First Digital USD", "issuer": { "value": "FD121 (BVI) Limited (financial technology company, not a bank); reserves custodied by First Digital Trust Limited (Hong Kong)", "status": "verified", "source": "https://firstdigitallabs.com/", "source_type": "issuer", "retrieved": "2026-10-25" }, "product_type": { "value": "USD stablecoin backed by cash and cash equivalents (US Treasury bills, cash, fixed deposits)", "status": "verified", "source": "https://firstdigitallabs.com/transparency", "source_type": "issuer", "retrieved": "2026-10-25" }, "regulator": { "value": "Not licensed as a stablecoin issuer: issuer says it is working to secure authorisation. Custodian First Digital Trust Limited is a Hong Kong licensed TCSP and registered trust company", "status": "verified", "source": "https://firstdigitallabs.com/transparency", "source_type": "issuer", "retrieved": "2026-10-25" }, "chains": { "value": [ "Ethereum", "BNB Chain", "Solana", "Sui" ], "status": "verified", "source": "https://firstdigitallabs.com/transparency", "source_type": "issuer", "retrieved": "2026-10-25" }, "eligibility": { "us_persons": { "value": false, "status": "verified", "source": "https://firstdigitallabs.com/", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Not intended for US persons; minting and redemption not offered to persons in the US or acting for US persons" }, "investor_types": { "value": [ "Industry players, financial intermediaries and professional investors who meet criteria (no direct retail sales)" ], "status": "verified", "source": "https://firstdigitallabs.com/", "source_type": "issuer", "retrieved": "2026-10-25" }, "kyc_required": { "value": true, "status": "verified", "source": "https://firstdigitallabs.com/", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Must become a client and pass AML/CTF checks to redeem" } }, "minimums": { "initial": { "value": null, "status": "unknown", "note": "Not stated (checked 2026-10-25)", "sources_checked": [ "https://firstdigitallabs.com/", "https://firstdigitallabs.com/transparency" ] } }, "subscription": { "fee": { "value": null, "status": "unknown", "note": "Not stated (checked 2026-10-25)", "sources_checked": [ "https://firstdigitallabs.com/" ] } }, "redemption": { "fee": { "value": null, "status": "unknown", "note": "Not stated (checked 2026-10-25)", "sources_checked": [ "https://firstdigitallabs.com/" ] }, "settlement_time": { "value": null, "status": "unknown", "note": "Not found in public issuer documents reviewed", "sources_checked": [ "https://firstdigitallabs.com/" ] }, "gates": { "value": "Redeemable 1:1 for USD by FD121 (BVI) Limited, subject to any suspension and other rights in the FDD Terms", "status": "verified", "source": "https://firstdigitallabs.com/transparency", "source_type": "issuer", "retrieved": "2026-10-25" } }, "aum": { "supply": { "value": { "value_usd": 325042000, "as_of": "2026-09-30" }, "status": "verified", "source": "https://firstdigitallabs.com/transparency", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Tokens issued and in circulation USD 325.042M; reserve assets USD 326.311M (89.16% T-bills, 10.26% cash, 0.58% fixed deposit)" } }, "reserve_report": { "kind": { "value": "Monthly independent attestation", "status": "verified", "source": "https://firstdigitallabs.com/transparency", "source_type": "issuer", "retrieved": "2026-10-25" }, "url": { "value": "https://firstdigitallabs.com/transparency", "status": "verified", "source": "https://firstdigitallabs.com/transparency", "source_type": "issuer", "retrieved": "2026-10-25" }, "date": { "value": "2026-09-30", "status": "verified", "source": "https://firstdigitallabs.com/transparency", "source_type": "issuer", "retrieved": "2026-10-25", "note": "Latest listed report: Sep 2026" } }, "official_url": "https://firstdigitallabs.com/", "coverage": { "verified": 12, "unknown": 4, "conflict": 0 } } ] }