10 Best Yield Platforms Built on Government Bond Tokenization

The Best Yield Platforms Built on Government Bond Tokenization will be covered in this article, with a focus on platforms that offer conventional fixed-income stability on the blockchain.

By tokenizing government bonds, these platforms provide safe, regulated, and transparent ways to generate steady yields.

These technologies offer accessible, low-risk, and effective on-chain income options for both regular users and institutional investors.

Key Point & Best Yield Platforms Built on Government Bond Tokenization List

Platform	Key Points / Highlights
Ondo Finance	• Offers tokenized U.S. Treasuries (OUSG, USDY) • Built on Ethereum for global, compliant access • Focused on institutional-grade real-world assets (RWAs)
Maple Finance	• Institutional on-chain credit marketplace • Provides undercollateralized lending pools • Used by market-makers, crypto firms, and institutions
Securitize	• Leading tokenization & digital securities platform • Offers SEC-regulated token offerings and investor onboarding • Used by major financial institutions for compliant tokenization
Hashnote	• Tokenized cash & yield products built on blockchain • Backed by regulated investment structures • Designed for risk-managed, compliant RWA exposure
Matrixdock (STBT)	• Creator of STBT, a tokenized short-term U.S. Treasury bill fund • Real-time transparency and institutional-grade compliance • Focused on stable, high-quality income products
Superstate	• Regulated investment fund offering tokenized Treasury products • Founded by Compound Finance’s Robert Leshner • Bridges traditional finance (TradFi) with on-chain assets
Backed Finance	• Issues tokenized real-world assets (stocks, bonds) on-chain • Fully collateralized with underlying securities • Compliant under Swiss regulations
Swarm Markets	• A regulated DeFi platform licensed in Germany • Enables trading of tokenized assets under MiFID II • Bridges institutional finance with decentralized trading
Taurus	• Enterprise-grade digital asset infrastructure • Supports tokenization, custody, and blockchain issuance • Used by global banks for RWA digitization
ADDX	• Asia’s largest private market tokenization platform • Fractionalizes private equity, hedge funds, bonds, and RWAs • Regulated by MAS (Singapore) with global investor access

1. Ondo Finance

Ondo Finance ranks as one of the best providers of yield from government bond tokenization for offering the best institutional-level access to U.S. Treasuries in a fully transparent and blockchain-native way.

Its premier products, OUSG and USDY, allow anyone to hold tokenized, yield-bearing, and on-chain versions of government debt of the highest quality. What no other company in Ondo’s position has is the distinct ability to combine the stability of traditional fixed-income assets with DeFi’s unprecedented efficiency, programmability, and access to users all over the world.

Due to the government bonds backing the yield, as well as Ondo’s real-time transparency, strong compliance mechanisms, and the consistent yield, DeFi users looking for a stable and safer alternative to the volatile strategies on offer will find Ondo Finance a trustworthy provider.

Ondo Finance Features

• Customized Bond Products: Offers a variety of structured products with government bonds, which allow for the selection of risk and return parameters.
• Transparency: With the use of blockchain technology, tokens for each individual bond transaction can be traced.
• Liquidity: Unlike conventional bonds, bonds that are tokenized can be traded in secondary markets.

2. Maple Finance

Maple Finance is praised as one the leading yield platforms within the government-bond-tokenization ecosystem due to the unique transparency, and credit discipline provided in Maple’s DeFi institutional lending opportunities.

While other platforms offer direct Treasury tokenization, Maple specifically focuses on on-chain credit. What is unique about Maple is the intersection of real world underwriting, audited loan pools and bespoke off-chain execution at scale to deliver predictable, risk adjusted returns.

Most start-ups in the space rely on opaque pools of loans, however Maple’s focus on credit quality, transparency of the pools and segregation of loan management is what contributes and further differentiates Maple from the rest, making it top of class in providing investors, especially risk averse investors in need of yield, a safe place to invest.

Maple Finance Features

• Institutional Lending: Offers peer to peer lending that is decentralized and collateralized with tokenized government bonds.
• Yield Maximization: Funds are dynamically allocated across the various tokenized bonds in the system to optimize yield.
• Smart Contract Participation: Validated agreements mitigate risk while allowing participants to engage in the government bond market without a centralized entity.

3. Securitize

Securitize is one of the top yield platforms based on government bond tokenization due to exceptionally integrating regulated compliance and digital asset infrastructure – the best in the industry.

Securitize is the only fully SEC registered platform that can legally tokenize U.S. Treasuries and other fixed-income instruments, and maintain the legal and transparent status of a traditional security.

What Securitize can do that the other platforms can’t, is have a single system that fully integrates the processes of investor onboarding, custody, secondary trading, yield payments, and other system processes.

This unique system enables any institution or individual the ability to access on-chain government-backed yields without the regulatory headaches. Securitize tokenizes government securities, and along with the yields, provides customers a superior and regulated way to access government bonds.

Securitize Features

• Fully Compliant: Securitize is the only company that is fully adherent to the regulations of securitized tokenized government bonds.
• Tokenization: Enables the division of government bonds allowing the purchasing of smaller, fractional amounts through tokens.
• Token Payments: Payments of interest and the principal at maturity are automatically sent to the holders of the tokens.

4. Hashnote

Because of its fully regulated access to on-chain cash and yield Teasury-based products, Hashnote is amongst the very few yield platforms that offer access to government bond tokenization.

Their archtecture is built on what they call an “on-chain money market”. Users of the platforms can get short duration, government backed (no DeFi exposure) stablecoins. Hashnote products prioritize institutional compliance, clear risk mitigations, and transparent asset backing.

This is why institutional and retail investors alike use the platform. Hashnote combines the best of both worlds by offering regulated investment structures with the automation of blockchain technology. Clients get yields that are low risk and predictable just like Treasurys but there is more efficiency and accessibility of digital assets.

Hashnote Features

• Bond Issuance: Permits government and other institutions to issue blockchain tokenized bonds.
• Transparent Reporting: Investors enjoy the ability to track performance and yield updates on the bonds in real-time.
• Low Fees: Investors enjoy the ability to earn higher returns than competitors in the traditional bond market due to the lower number of intermediaries.

5. Matrixdock (STBT)

By providing a highly transparent and institutionally structured model for short-term U.S. Treasury exposure, Matrixdock’s STBT presents itself as one of the best yield platforms based on government bond tokenization.

Its main token, STBT, enables users to receive a steady, low-risk return directly on-chain and is entirely backed by overnight repos and short-duration government assets.

Matrixdock’s real-time asset verification platform, which offers ongoing collateral proof without depending on opaque middlemen, is what makes it so powerful.

Within the tokenized Treasury ecosystem, STBT is an effective, reliable substitute for conventional money-market tactics because of its audited backing, quick liquidity, and automated yield accrual.

Matrixdock (STBT) Features

• Stablecoin Integration: Bonds can be converted to stablecoins to facilitate liquidity and trade.
• Cross-Border Accessibility: Global investors can participate in the absence of conventional bank integration.
• Automated Yield Calculations: Smart contracts accrue and track yield payouts to automate the entire process.

6. Superstate

Regarding reputation and safety, few of Superstate’s competitors come close. Superstate was built by Leschener, with the business acquiring and then tokenizing United States’ Treasuries and then offering the tokenized funds to users on the Superstate platform while providing custody services on a legally compliant basis.

Superstate’s clients can now legally and compliantly enjoy the primary market features and protections of institutional investors’ custody services and counter parties on the custom built Superstate platform.

Superstate’s clients can now engage with the asset quality, stability and supervisory structures of the traditional capital markets.

Superstate’s reputation being built on stringent regulatory compliance and seamless integration of blockchain technology, if Defi yield and regulatory compliance are two primary concerns then Superstate is the main building block for all the capital markets.

Superstate Features

• Backed Finance Solutions: Offers government bonds in tokenized form and acts as a yield safe backer.
• DeFi Integration: Bonds can be integrated into DeFi platforms to obtain additional yield.
• User-Friendly Dashboard: Investors can conveniently participate in the market with a dashboard to track bond holdings, yielded created, and market transactions.

7. Backed Finance

Backed Finance is creating the best yield platforms on the bond tokenization market because of the ability to shift traditional securities to the blockchain. They are the only players on the market that legally and fully collateralized.

They have the ability to tokenize government bonds and other real world assets. They have the best deals under Swiss laws and have tokens that are](vert)\v backed by securities that sit with the regulated custodians. They are the only players on the market that have the ability to issue on-chain tokens that can be transferred anytime.

These tokens can track the performance of specific low-risk bonds and securities without the need to create leverage. The platform gives Blockchain investors the ability to access legally.

Backed Finance Features

• Risk Management Tools: Offers tools for portfolio tokenized bonds that have risk assessment, hedging, and other mitigation strategies.
• Flexible Investment Amounts: Investors can easily trade or diversify holdings by purchasing fractional bonds.
• Automated Settlements: Smart contracts automate the payments of interest, and the payment of principal due at bond redemption.

8. Swarm Markets

Considering the tokenization of government bonds, Swarm Markets is definitely one of the best yield platforms. Swarm Markets is the only company of its kind that is fully regulated in Germany, which really adds an institutional reputation to their off-chain products.

Users are able to earn low, predictable, risk yields while Swarm legally and transparently tokenizes the government bonds and other premium MiFID II regulated securities.

Decentralized trading of these tokenized assets in a regulated, blockchain-native trading environment is a rare and valuable combination.

Other regulated DeFi platforms don’t offer this kind of Flexibility. Swarm Markets is a solid partner to earn transparent income from tokenized government bonds. It is transparent, they use good collateral, and the bonds earn good income.

Swarm Markets Features

• Tokenized Marketplaces: Builds a marketplace for the transparent trading of tokens representing government bonds.
• Institutional Access: Investors with a digital bond marketplace that is compliant and regulated is integrated to sell with the tokens to inform customers.
• Greater Accessibility: Unlike traditional bonds, secondary trading platforms allow for greater liquidity in trading bond tokens.

9. Taurus

Among all platforms offering government bond tokenization, Taurus is appreciated the most as it offers fully rounded institutional infrastructure for the issuance, management, and servicing of tokenized fixed income instruments.

Instead of only acting as product issuer, Taurus enables banks, asset management companies, and other regulated institutions to fully responsibly and compliantly tokenize government bonds, offering all lifecycle features, audit ready custody, and automatic onchain distribution.

Tesla’s competitive edge is in seamless integration of institutional grade digital asset custody and tokenization that is instantly settleable and can payout yields on any interval. Such attributes create a Taurus a primary layer of access to bonds backed government investments for many global financial institutions.

Taurus Features

• Digital Custody Solutions: Offers safe custodial services for tokenized government bonds.
• Compliance-Focused: Integrates legal compliance on bond token transactions.
• Integrated Payments: Automates payments of coupons, thus alleviating operational challenges for investors.

10. ADDX

ADDX has certainly built an investor base due to its income-generating and government-backed bond offerings. It has a unique niche as a digital bond platform and has received positive feedback with its offerings and its government backed bond products competitive due to their fractionalized offerings to institutional investors.

As a regulated platform and licensed with the Monetary Authority of Singapore, ADDX is able to tap a broader market of investors due to the raising of the minimum investment amounts required with government bond offerings and money market securities.

Due to the combination Automatic blockchain with the private market yields, investors benefit from decreased costs. Overall, the platform is reliable and a leader.

ADDX Features

• Fractionalized Investment: Allows smaller investors to access government bonds of higher denominations by tokenizing them.
• Regulatory Clarity: Digitally fully compliant licensed securities platform, providing a safe environment for investors.
• Liquidity & Exit Options: Offers a secondary market for the trading of bonds prior to their maturation.

Conclusion

Potential of blockchain technology is gaining ground and sees an opportunity to enhance government bonds as a safe, reliable, and efficient on-chain yield. Companies like Ondo Finance, Securitize, Hashnote, Matrixdock, Superstate, Backed Finance, Swarm Markets, Taurus and ADDX are digitalizing fixed-income instruments and offering tokenized bonds on real assets.

Thanks to regulation, blockchain, and custodian grade asset management, it’s a much better alternative to DeFi yield farming. As tokenized government bonds are being adopted worldwide, they are providing a first mover and gaining traction providing solid returns on a fast settlement and exposure to trusted government bonds.

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