Archax integrates Chainlink to enable tokenized Treasury collateral

UK-based digital asset platform Archax has integrated Chainlink Data Streams to provide high-speed pricing data for $GOVY, its tokenized perpetual U.S. Treasury product. This integration is intended to allow $GOVY to function as verifiable collateral for on-chain lending, collateral management, and treasury operations used by banks, asset managers, and decentralized finance (DeFi) participants.

$GOVY offers investors direct, legally enforceable exposure to short-dated U.S. Treasury bills held on a one-to-one basis through regulated custody. The product features an auto-rolling mechanism where maturing Treasury bills are automatically replaced with equivalent short-term securities, maintaining continuous exposure without manual reinvestment.

Designed to align with high-quality liquid asset (HQLA) principles, the product supports distribution across blockchain networks including Ethereum, Hedera, and Stellar. Archax operates under the UK Financial Conduct Authority (FCA) framework, with Northern Trust serving as the custodian for the underlying securities.