Omni Network has integrated Superstate’s tokenized US Treasury bond fund, adding it to its balance sheet as part of its efforts to optimize treasury management. The interoperability protocol announced the partnership with Superstate on February 17. The plan is to use Superstate’s USTB fund as part of its treasury management strategy. Omni Network will use the tokenized Treasury asset to augment its balance sheet, which will help the team optimize its treasury management strategies while maintaining liquidity and flexibility.
Superstate’s USTB, currently a $274 million tokenized treasury product, provides investment exposure to short-term US Treasury bonds. The fund allows holders to efficiently manage capital by using idle assets to generate income. Capital inefficiencies and fragmentation remain key issues in the crypto space, making tokenized assets like USTB a valuable tool.
USTB’s integration into Omni comes just days after Superstate expanded its access to multiple chains, starting with real-world asset financing platform Plume Network. Earlier this year, Omni Network and Plume announced a collaboration to develop an efficient distribution mechanism for real-world assets.
Image: freepik
Designed by Freepik