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RWA & Tokenization · 1 min read

Ironlight Markets Partners with FundBridge to Distribute Tokenized Treasury Fund

FINRA broker-dealer Ironlight will offer the Wellington-subadvised Delta Ultra Short Treasury On-Chain Fund to accredited investors.

Editorial oversight: Julian Mercer, Chief Editor
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$BTC $83,037 +0.8%

At a glance Announced

What happened
Ironlight Markets agreed to distribute the Delta Wellington Ultra Short Treasury On-Chain Fund to accredited investors.
Why it matters
The deal connects a $1.37 trillion asset manager's strategy to tokenized distribution through a FINRA-member broker-dealer.
Who is affected
Accredited investors seeking tokenized US Treasury exposure and institutions participating in digital asset securities.
What's next
The launch of the private placement offering on the Ironlight Portal.
Primary source
PR Newswire: Ironlight Markets Announces Agreement with FundBridge Capital for Delta Wellington Ultra Short Treasury On-Chain Fund

Key points

  • Ironlight Markets agreed to distribute the Delta Wellington Ultra Short Treasury On-Chain Fund via private placement.
  • Wellington Management Singapore acts as sub-advisor managing investments, while FundBridge oversees fund governance.
  • Libeara provides the tokenization infrastructure, with offerings restricted to accredited investors under Rule 506(c).

Broker-dealer Ironlight Markets announced an agreement with Singapore-regulated FundBridge Capital on Oct. 13 to distribute the Delta Wellington Ultra Short Treasury On-Chain Fund through a private placement offering 1.

The fund, known as ULTRA, will be offered to eligible accredited investors via the Ironlight Portal under Rule 506(c) of Regulation D under the Securities Act of 1933 1. Under the arrangement, FundBridge oversees the fund's regulatory, compliance, and governance frameworks, while Wellington Management Singapore serves as sub-advisor managing day-to-day investments 1. Wellington Management managed over $1.37 trillion in assets as of June 30, 2026 1.

Institutional Infrastructure

Tokenization infrastructure for the offering is supplied by Libeara, a platform backed by SC Ventures that has tokenized over $1 billion in regulated assets to date 1. Ironlight Markets, a FINRA member, will handle investor eligibility checks, diligence, onboarding, and broker-dealer compliance obligations 1. Ironlight also operates an Alternative Trading System focused on secondary trading of digital asset securities 1.

The launch expands regulated access to tokenized real-world assets at a time when traditional asset managers are increasingly integrating on-chain distribution rails 1. At the time of writing, broader digital asset markets stood at a $2.77 trillion market capitalization, with $BTC trading at $83,382.

Sources

  1. [1] Ironlight Markets Announces Agreement with FundBridge Capital for Delta Wellington Ultra Short Treasury On-Chain Fund — PR Newswire, October 13, 2026

Written by Basis Desk's newsroom system from the primary sources above and machine-verified against them before publication. Market figures marked "at the time of writing" come from live exchange data. Report an error: corrections@basisdesk.news · corrections policy.

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