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BitGo Bank & Trust To Provide Custody And Off-Exchange Settlement For USDM1, The World's First Natively Issued Onchain Secured Sovereign Bond

Jul 17, 2026 · 08:05 AM ET· updated 10h ago

Institutional clients will be able to hold a dual-recourse, dollar-denominated sovereign bond, backed 1:1 by US Treasuries, in segregated, regulated custody on the BitGo platform and utilize it for collateral and

Why It Matters

BitGo Bank is helping people safely hold a new digital bond backed by US government money. This shows BitGo is growing its services for serious investors who want to use blockchain technology.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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