For finance teams
Treasury
Park operating cash in something that earns without locking it up or leaving your custody model.
T+0Redemption at par
What you get
- Redeem in full, same day, without notice
- Daily signed attestation of reserve holdings
- Segregated from operating balances by design
- Works with existing qualified-custodian arrangements
Detail
Most treasury policies allow exactly two things: bank deposits and short-dated government paper. The reason is never yield — it is the certainty of getting the money back on the day you ask.
The constraint comes first
Allocation is capped so a full day of redemptions clears from short-dated instruments alone. That cap is a hard parameter, not an internal guideline, and it is the reason the headline rate is lower here than on products built the other way around.
What finance teams actually ask
- Can we redeem the whole balance today? Yes, at par.
- Who holds the reserve? A segregated account, attested daily.
- What happens if the strategy side has a bad week? The redemption floor is untouched by it.