tZERO Group, Inc., a blockchain-based financial infrastructure provider, and Archax, a UK/EU-regulated digital asset platform, announced that Archax’s $GOVY tokenized US Treasury Bill product will be available to US qualified purchasers through tZERO’s SEC-registered and FINRA-member broker-dealer and custodial infrastructure later this year. This collaboration marks the first time $GOVY – which provides direct, legally enforceable entitlement to short-term treasuries with on-chain settlement and custody – will be accessible to US institutional investors.
The announcement builds on the recent launch of $GOVY and the strategic partnership between Archax and tZERO announced last year, which established a framework for distributing digital securities and tokenized real-world assets across the US, UK, and EU. The US distribution will provide a regulated pathway for institutional investors to access government yield via tokenized infrastructure, subject to tZERO’s due diligence and final approval.
“The US represents the largest addressable market for tokenized government securities, and working with tZERO gives $GOVY a regulated, institutional-grade route into that market,” said Graham Rodford, CEO and co-founder of Archax. “tZERO’s infrastructure – including their SEC- and FINRA-regulated broker-dealer and digital custody capabilities – is ideally suited to distribute $GOVY to US institutional investors who want direct exposure to T-Bills without the friction of traditional settlement cycles.”
“$GOVY is exactly the kind of product our platform was built to support – an institutional-quality tokenized asset that delivers real yield with operational simplicity,” said Alan Konevsky, Chairman and CEO of tZERO. “By distributing $GOVY through our infrastructure, we will give US institutional investors seamless exposure to a tokenized treasuries product while demonstrating the power of cross-border collaboration between regulated venues that is at the heart of the global convergence promise of financial asset tokenization. This is the follow-the-sun model in action.”
The $GOVY token provides US qualified purchasers continuous exposure to short-term treasuries, removing the operational complexity of managing and rolling short-term treasury positions. Investors can redeem $GOVY for stablecoins or the underlying T-Bill at any time. Key features include dual-regulated infrastructure, operational simplicity, institutional-grade custody through tZERO, and 24/7 subscriptions and redemptions on blockchains such as Ethereum, Hedera, and Stellar.
This partnership represents a significant step in expanding investor access to tokenized real-world assets, demonstrating how regulated venues in different jurisdictions can collaborate. Further product launches across additional currencies, including £GOVY (GBP) and €GOVY (EUR), are planned.
