Archax launched GOVY, a tokenized perpetual United States Treasury Bill, on 17 June 2026, offering professional and institutional investors a crypto‑based gateway to short‑dated US government securities. The product aligns with High‑Quality Liquid Asset (HQLA) Level 1 standards, positioning it as a premium liquidity tool in the market.
Product Architecture and Blockchain Integration
GOVY token represents a 1:1 claim on rolling Treasury Bills that Archix holds in regulated custody, while embedded smart‑contract code automates settlement, custody and delivery on a public blockchain. The token operates continuously, delivering instant settlement and 24/7 availability without requiring investors to manage the underlying assets.
Legal Ownership and Investor