Zoth and Singularity Finance Launch ZTLN Prime to Bring Institutional Grade Funds On-chain
SINGAPORE, Dec. 18, 2024 /PRNewswire/ -- Zoth, a real-world asset (RWA) ecosystem delivering institutional-grade, fixed-yield opportunities on-chain, has partnered with Singularity Finance to introduce Zoth Tokenized Liquid Notes Prime (ZTLN-P). Backed by U.S. Treasury ETFs and money market funds (MMFs) managed by reputable asset managers and securely custodied with Doo Group, ZTLN-P provides institutional investors with a secure and compliant solution to manage their treasury assets on-chain, delivering consistent and dependable returns.
A Strategic Partnership Driving Smarter On-Chain Treasury Solutions
Singularity Finance (SFI) joins Zoth in launching ZTLN-P, combining strategic treasury management expertise with an innovative tokenization framework. This partnership aims to bridge the gap between decentralized finance (DeFi) and traditional finance (TradFi), delivering a solution that improves institutional investors' liquidity, safety, and compliance. Zoth's expertise in go-to-market strategies and SFI's focus on compliant tokenized financial products provide a streamlined pathway for institutional adoption.
ZTLN-P ensures low-risk yields without lock-in periods, enabling institutions to unlock consistent returns. Built on SFI's tokenization framework, ZTLN-P adheres to global regulatory standards under the Cayman Islands Monetary Authority (CIMA) and the Mutual Funds Act (2021 Revision).
"ZTLN Prime exemplifies the shift towards integrating TradFi's stability with DeFi's efficiency," said Aly Madhavji, Managing Partner at Blockchain Founders Fund. "This collaboration provides institutional investors with a much-needed solution that balances security, compliance, and consistent returns."
TradFi-Backed Security for On-Chain Treasury Management
ZTLN-P's strength lies in its asset backing. By leveraging BlackRock-managed iShares Treasury ETFs and MMFs, the product delivers predictable, low-risk returns with unparalleled liquidity, addressing concerns around the volatility associated with DeFi.
Unlike speculative DeFi strategies, ZTLN-P emphasizes safety, transparency, and regulatory compliance, setting a new benchmark for institutional-grade DeFi solutions. Its focus on robust legal structures and secure custody provides institutional investors with confidence that their capital is deployed in strategies prioritizing capital preservation and steady yields.
Mario Casiraghi, Co-founder of SingularityDAO and Singularity Finance, commented, "ZTLN Prime is a transformative step toward bridging the gap between traditional finance and decentralized finance. By combining Zoth's expertise in tokenizing high-quality real-world assets, we're delivering an institutional-grade product that embodies safety, liquidity, and transparency for the global web 3.0 ecosystem. This partnership sets a new standard for on-chain financial solutions, ensuring that institutional investors can confidently navigate the DeFi space while enjoying consistent, low-risk returns."
Elevating Standards in DeFi
"ZTLN-P is an industry-driven product that aligns institutional-grade short-term investments such as Blackrock iShares Treasury Bond ETF with the efficiency and transparency of blockchain," said Pritam Dutta, CEO of Zoth. "With Singularity Finance's one-of-a-kind expertise, this partnership marks the beginning of a new era where DeFi is no longer a speculative market but a legitimate alternative to traditional finance."
Cloris Chen, CEO of Singularity Finance added, "One of the core pillars of Singularity Finance is to build an ecosystem that serves as a home for RWA projects, enabled through the SFI tokenization framework. This partnership with Zoth represents an important milestone for SFI, and the launch of ZLTN Prime unlocks a new & innovative way for the global web3.0 ecosystem to manage and grow its treasury, unlocking new opportunities in the DeFi ecosystem while maintaining the highest standards of compliance and trust."
About Zoth
Zoth is a retail-focused RWA ecosystem connecting traditional finance and blockchain through institutional-grade fixed-income offerings. The ZothFi marketplace provides seamless access to alternative assets for accredited investors, fostering a globally inclusive financial system.
Learn more at:www.zoth.io
About Singularity Finance
Singularity Finance is the first AI-centric EVM-compatible L2 blockchain, tokenizing and monetizing the AI value chain. As part of the SingularityNET ecosystem, it is a fully compliant RWA tokenization platform for AI and real-world assets, aiming to become the financial backbone for AI-driven economies.
Learn more at: www.singularityfinance.ai
For more information, please contact:
Mansoor Madhavji
Email: 387822@email4pr.com
Phone: +65 8791 9291
View original content to download multimedia:https://www.prnewswire.com/news-releases/zoth-and-singularity-finance-launch-ztln-prime-to-bring-institutional-grade-funds-on-chain-302334501.html
SOURCE Zoth