Particula has upgraded the rating of the Delta Wellington Ultra Short Treasury On-Chain Fund ($ULTRA) token from AA+ to AAA as of September 14, 2025.
Particula Rating Report: Denario ($DSC), July 2025
Particula assigns a BBB+ rating to the issuance of the $DSC token by Denario as of July 15, 2025.
Particula Rating Report: Nexbridge ($USTBL), April 2025
Particula assigns an A rating to the issuance of the $USTBL token by NexBridge as of April 2, 2025.
Particula Rating Report: Etherfuse ($CETES), March 2025
Particula assigns a BB rating to the issuance of the $CETES token by Etherfuse as of March 31, 2025.
Particula Rating Action: Anemoy ($JTRSY), May 2025
Particula has upgraded the rating of the Janus Henderson Anemoy Treasury Fund ($JTRSY) token from A+ to
AA+ as of May 7, 2025.
Particula Rating Abstract: Blockstream Mining Note (BMN2), March 2025
Particula assigns an AA- rating to the issuance of the Blockstream Mining Note (BMN2) token by Blockstream Mining as of March 5, 2025. BMN2 token represents an unsecured note facilitating a revolving loan facility for Bitcoin mining.
Particula Rating Report: Wellington ($ULTRA), February 2025
Particula assigns an AA+ rating to the issuance of the Delta Wellington Ultra Short Treasury On-Chain Fund token ($ULTRA) by Delta Master Trust as of February 17, 2024.
Particula Rating Abstract: SPIKO ($USTBL), January 2025
Particula assigns an AA rating to the issuance of the USTBL token by Spiko SICAV as of January 22, 2025.
Particula Rating Abstract: Backed ($bIB01), September 2024
Particula assigns an A rating to the issuance of the bIB01 $ Treasury Bond 0-1 yr token by Backed as of September 18, 2024.
Evaluating Risks Of Tokenized Financial Assets
In a recent webinar hosted by Security Token Prime, Industry leaders from Particula and Moody’s are exploring critical elements of risk management, asset classification, and the evolving role of credit ratings in this expanding digital asset market.