PV01

About PV01

PV01 is a global company started in 2022 by Max Boonen and Flavio Molendini, who also founded B2C2. They create and sell digital bonds using blockchain technology. PV01 manages everything needed to issue these bonds, from setting them up to finding and selling them to qualified institutional investors outside the U.S through their non-custodial platform.

Product: Digital Treasury Bills

PV01's platform offers direct access to the $25 trillion US Treasury bond market through Digital Treasury Bills, which are ERC-20 tokens fully backed by US Treasury bonds on a one-to-one basis. Investors can earn interest on their USDC holdings without needing traditional financial systems.

All activities, including issuance, transfers, trading, and redemption of these digital assets, happen on the blockchain, removing the need for traditional clearing systems. Digital Treasury Products can be traded and used as collateral, allowing investors to earn interest and manage their holdings while staying entirely on-chain.

Aspect	Details
Registration	PV01 Capital Markets Ltd and Digital Bonds Ltd are licensed by the Bermuda Monetary Authority (BMA) to handle digital assets.
Issuer License	PV01 obtained its DABA license from the Bermuda Monetary Authority (BMA)
KYC/AML Procedure	Yes
Availability for US Investors	No
Restricted Jurisdictions	United States
Creation of SPV	Digital Bonds Ltd. is a bankruptcy-remote SPV created for issuing bond tokens.
Restrictions on transfer of tokens	No restrictions for transfer of tokens.

Issuance Process

The full issuance process involves several steps:

Subscription Period: Investors place their orders without transferring funds on the Pivio platform.

Issuance Period: They settle their orders using USDC and receive Digital Bond Tokens.

Outstanding Period: Investors can trade and transfer their Digital Bond Tokens.

Maturity Date: Investors claim their final repayment in USDC.

Redemption Process

For redemption, the following process is to be used:

Log In: Investors log into the Pivio platform.

Select Redemption: Choose the "redeem" option.

Receive Funds: For zero-coupon bonds, principal are returned to the approved wallet.

Token Burn: The bond token is burned atomically.