Matrixdock Short-Term Treasury Bill Token

AUM: $23.6M
17D change: -3.5%
Yield · 30-day net: 4.01%
NAV: 1.0000
Expense ratio: 0.10%
Minimum: $10.0K
Redemption: T+1
Launched: 25 Apr 2023

Depends onStandard Chartered Fireblocks Custody & Transfer Infrastructure Chainlink Proof of Reserve & NAVLink

Field coverage 92%Primary-source or on-chain verified 33% of tracked metrics1/2 source documents analyst-verifiedLast reconciled 01 Oct 2026

Overview

What this product is

One of the earliest Asia-domiciled entrants. A rebasing SPV-backed token that predates most of the fund-wrapper cohort; its structure trades legal simplicity for a weaker investor claim than a fund interest.

Underlying asset: US Treasury bills and overnight reverse repurchase agreements
Asset class: Tokenized Treasury
Product structure: SPV-Backed Security
Legal structure: Singapore Restricted Scheme
Issuer jurisdiction: Singapore
Fund domicile: Singapore
Base currency: USD
Launched: 25 Apr 2023

Peer set

Comparable products

Products in the same asset class and currency. Yields are quoted on different bases, so check each one before comparing.


BUIDL	4.16%	0.50%	$5.0M	$1.85B
USDY	4.25%	0.50%	$500	$1.40B
USTB	4.11%	0.15%	$100.0K	$570.4M
JTRSY	4.18%	0.35%	$100.0K	$323.3M
OUSG	4.04%	0.15%	$100.0K	$312.9M
VBILL	4.09%	0.20%	$1.0M	$35.5M
STBTthis product	4.01%	0.10%	$10.0K	$23.6M

Issuer

Who runs it

MatrixdockSingapore

Digital asset platform issuing a short-term treasury token to non-US professional investors, one of the earliest Asia-domiciled entrants in the category.

Portfolio

Composition

US Treasury bills74.5%
Overnight reverse repurchase agreements22.8%
Cash2.7%

Weighted average maturity

13 days