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Libeara & FundBridge Capital Launch ULTRA on Avalanche

Share on X icon · Published 11 months ago on August 28, 2025 · Hassan Maishera

On Thursday, the Avalanche Foundation announced via X that Libeara & FundBridge Capital have launched ULTRA on Avalanche.

Libeara & FundBridge Capital Launch ULTRA on Avalanche

On Thursday, the Avalanche Foundation announced via X that Libeara & FundBridge Capital have launched ULTRA on Avalanche. ULTRA is a fully tokenized U.S. Treasury strategy, sub-managed by Wellington Management.

The team revealed that ULTRA brings regulated, institutional-grade Treasury exposure fully on-chain, combining compliance, scale & efficiency.

Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is up 1.3% today and currently trades at $24.83 per coin.

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Hassan Maishera
Hassan Maishera Senior Reporter

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.