Hassan Maishera
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.
