what's Delta Wellington Ultra Short Treasury On-Chain Fund?

The Delta Wellington Ultra Short Treasury On-Chain Fund (ULTRA) is a sub-fund of the Singapore-domiciled Delta Master Trust, regulated under MAS. Managed by FundBridge Capital with Wellington Management as sub-advisor, it invests primarily in short-duration U.S. Treasury securities, repos, reverse repos, and cash equivalents, targeting an effective duration of less than one year. The fund aims to preserve capital, maintain high liquidity, and generate returns exceeding the ICE BofA 3-Month Treasury Bill Index through active management. Tokenized units (ULTRA) are issued on Libeara's Delta platform, enabling on-chain subscription, redemption, transfer, and composability via USDC or fiat. Deployed on Ethereum Mainnet with expansions to Arbitrum, Avalanche, and Solana, it leverages blockchain for transparency, auditability, and efficiency. Custodied by Standard Chartered, it holds AAA ratings from Particula and S&P, targeting institutional and accredited Web3 investors for seamless integration into DeFi as collateral or yield sources.

Delta Wellington Ultra Short Treasury On-Chain Fund listed on Polytrade marketplace today.