Stable and Theo have committed over $100 million to the Delta Wellington Ultra Short Treasury On-Chain Fund (ULTRA), a tokenized U.S. Treasury fund managed by FundBridge Capital and Wellington Management. Utilizing Libeara’s tokenization platform, ULTRA has secured a AAA rating from Particula and is among the first institutional-grade Treasury strategies available in tokenized form on Stable’s USDT-powered stablechain. This investment provides ULTRA with immediate liquidity, catering to institutional investors seeking on-chain access to short-duration U.S. Treasury bills. The fund's strategy is accessible through Theo’s thBILL token, while Libeara ensures regulatory compliance. The collaboration, which includes Standard Chartered’s custody services, underscores the increasing institutional interest in tokenized real-world assets.