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Particula Rating Report: NexBridge ($USTBL)
Issuers, Ratings

Particula Rating Report: Nexbridge ($USTBL), April 2025

July 15, 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
Issuers, Ratings

Particula Rating Report: Etherfuse ($CETES), March 2025

June 5, 2025

Particula assigns a BB rating to the issuance of the $CETES token by Etherfuse as of March 31, 2025.

Particula Rating ACTION: Anemoy ($JSTRY)
Issuers, Rating Action, Ratings

Particula Rating Action: Anemoy ($JTRSY), May 2025

May 13, 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 (BMN2)
Issuers, Ratings

Particula Rating Abstract: Blockstream Mining Note (BMN2), March 2025

March 18, 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
Issuers, Ratings

Particula Rating Report: Wellington ($ULTRA), February 2025

February 17, 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.

SPIKO ($USTBL) Rating Abstract
Issuers, Ratings

Particula Rating Abstract: SPIKO ($USTBL), January 2025

January 27, 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), Sep 2024
Issuers, Ratings

Particula Rating Abstract: Backed ($bIB01), September 2024

November 5, 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.

Online Panel with Moodys and Particula: Risks in tokenized assets
Ratings, Tokenization

Evaluating Risks Of Tokenized Financial Assets

October 30, 2024

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.

Particula Rating Report: Anemoy ($LTF)
Issuers, Ratings

Particula Rating Report: Anemoy ($LTF), September 2024

October 1, 2024

Particula assigns an A+ rating to the issuance of the Liquid Treasury Fund 1 ($LTF) token by Anemoy as of September 9, 2024, with a positive outlook. The $LTF token primarily reflects participation in U.S. Treasury Bills.

Ratings, Tokenization

How to Increase Transparency and Activity in the Digital Asset Space

June 7, 2024

In an era of evolving financial paradigms, our recent online panel, “How To Increase Transparency in the Digital Asset Space” brought together leading industry voices to explore critical issues shaping the future of finance.

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    Particula Rating Report: Nexbridge ($USTBL), April 2025
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    Particula Joins 21X as Official Listing Sponsor as 21X Prepares to Launch a Fully Regulated Digital Asset Exchange
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