This is one of the first high yield bond offerings available onchain.
Fund managers want their infrastructure to improve investor outcomes.
The project is due to launch in October.
The blockchain-based credit network raised $175m, the largest in DeFi to date.
The crypto exchange want U.S customers to have parity with overseas customers.
The token combines the safety of US Treasury bills with the operational advantages of tokenization.
Snyder had an unconventional route to founding and selling the crypto ETP issuer.
ETF product innovation has collapsed the time taken to incorporate IPOs.
President and CFO Lynne Fitzpatrick will replace Terry Duffy as CEO next year.
