What is Mu Digital AZND?

Mu Digital is a protocol established to tokenize Asia-based fixed income assets, including government and corporate bonds, as well as private credit. The platform issues two on-chain tokens, with AZND (Asia Dollar) representing the senior tranche that generates yield backed by the underlying credit assets.

Tokenized assets are managed through regulated off-chain entities, ensuring third-party servicing and reporting. Mu Digital publishes on-chain data to enhance transparency regarding portfolio composition and yield. The protocol also works with decentralized finance applications, such as decentralized exchanges and lending markets, to increase the utility of its tokens.