DIRECT CUSIP OWNERSHIP    +57 BPS YIELD ADVANTAGE IN CA    1099-INT BOX 3 REPORTING    SMART CONTRACT AUTO-ROLLOVER    $7.4T MONEY MARKET UNIVERSE    STATE-TAX EXEMPT BY LAW    DIRECT CUSIP OWNERSHIP    +57 BPS YIELD ADVANTAGE IN CA    1099-INT BOX 3 REPORTING    SMART CONTRACT AUTO-ROLLOVER    $7.4T MONEY MARKET UNIVERSE    STATE-TAX EXEMPT BY LAW   
Direct. On-Chain. Tax-Exempt.

TBill Direct
Ownership Architecture

TBill Direct gives investors beneficial ownership of a specific T-bill CUSIP, minted as a blockchain token with automatic state-tax exemption and smart-contract auto-rollover. No fund wrappers. No yield leakage.

+57 bps Yield edge vs. fund wrappers (CA)
$7.4T Money market universe
~$3–4B Annual yield forfeited in high-tax states
Join the Waitlist How it works ↓

Direct Title

Own the CUSIP Directly

You are the beneficial owner of a specific Treasury CUSIP, a direct government obligation, not a share in a pooled fund. No counterparty layers, no extra fees, no opacity.

Tax Automation

Automatic State Exemption

Income reported on 1099-INT Box 3, not a 1099-DIV. Tax software automatically applies your state exemption. Captures up to 57 bps of yield lost annually by fund holders in high-tax states including California, New York, New Jersey, and Connecticut.

Smart Rollover

Zero Operational Friction

Programmable smart contracts handle maturities and reinvestment automatically. No manual monitoring, no cash movement, no settlement coordination. Ever.


Early Access

Get notified at launch.

We're building the first regulated direct T-bill token settled natively on-chain. Leave your email and we'll reach out when access opens.

No spam. No sharing. Institutional & HNW investors welcome.