Omni Network recently integrated Superstate’s tokenized U.S. Treasuries fund into its balance sheet as part of its treasury management optimization efforts.
The interoperability protocol announced its partnership with Superstate on February 17th.
By leveraging Superstate’s Short Duration U.S. Government Securities Fund USTB, Omni Network plans to enhance its treasury management strategy. Powered by the OMNI token, the network will utilize the tokenized treasuries asset to expand its balance sheet effectively.
This strategic move will help the team optimize their treasury management strategies while maintaining liquidity and flexibility.
Superstate’s USTB, a $274 million tokenized treasuries product, offers investment exposure to short-duration U.S. Treasuries. Holders can efficiently manage their capital, with idle assets deployed to generate yields.
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Tokenized assets like USTB are crucial in addressing capital inefficiency and fragmentation in the crypto space. Omni Network stands to benefit from real-time liquidity, continuous pricing, and multi-chain access.
The integration of USTB by Omni Network coincides with Superstate’s expansion of multi-chain access, starting with the real-world asset finance platform Plume Network.
Earlier this year, Omni Network and Plume announced a collaboration to develop an efficient distribution engine for real-world assets.
In addition, Omni Network partnered with decentralized AI network Allora to utilize artificial intelligence in optimizing the pricing and management of real-world assets.
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