Overview
- Each wAL30rd is issued 1:1 against an AL30 bond, preserving maturities, coupons and redemption terms, with interest credited to holders in USDT.
- Trading is available around the clock on Ripio’s platform with faster settlement and lower fees compared with traditional market hours.
- Access is live for institutional users on Ripio Trade, and the company says retail availability on Ripio App will follow in the coming days.
- Tokens can be transferred between authorized PSAV providers or redeemed for the underlying AL30 through an ALyC in line with local rules.
- The rollout rests on CNV Resolution 1081 and subsequent updates, and it does not change the AL30’s sovereign or currency risks as Ripio plans to tokenize more securities.