EURC Collateralised Loan Obligations VaultxECLO
EURC Collateralised Loan Obligations Vault (xECLO) is a token providing exposure to a tokenized fund issued by OpenTrade through OpenTrade SPC and managed by Five Sigma Finance Ltd. Each token is a collateral-backed contractual exposure rather than a direct claim on the issuer. The fund is open-ended, invests in corporate credit, keeps its assets in accounts segregated within a bankruptcy-remote structure, and locks up subscriptions for 0 months. Its assets sit with DMBL. Professional investors, accredited investors, and institutions can subscribe and redeem in EURC and instant subscription settlement after completing KYC, and holders have a right to redeem at net asset value with two-to-five-business-day settlement. OpenTrade SPC is incorporated in the Cayman Islands. Holder terms are governed by the law of the United Kingdom. xECLO has been issued on Avalanche as an ERC-4626 token since January 2026.