BXCT is a tokenised wholesale trust designed to provide exposure to short-duration Australian dollar cash and term-deposit investments, while using AUDX as its native settlement rail.
For eligible wholesale investors, institutions, corporate treasuries and digital asset managers.
Wholesale clients
Australian trustee
Tokenised units
AUDX settlement
BUILT FOR DIGITAL CAPITAL
BXCT is designed for verified wholesale investors, institutions, corporate treasuries, digital asset managers and family offices seeking short-duration Australian dollar income exposure through a tokenised structure.
DIGITAL ASSET FUNDS
Seek short-duration AUD income exposure for capital held between investment opportunities.
EXCHANGES & PLATFORMS
Access a wholesale cash mangement product with AUDX based settlement at launch.
CORPORATE TREASURIES
Gain exposureto cash and term-deposit strategies through a wholesale trust structure.
FAMILY OFFICES
Access a professionally administered Australian wholesale investment structure.
WHY BXCT
BXCT combines a restricted investment mandate with tokenised ownership records and AUDX settlement infrastructure.
The strategy is focused on AUD cash-management accounts and term deposits issued by Australian Authorised Deposit-taking Institutions, with exposure potentially held indirectly through managed funds.
A 0.15% p.a. management and administration fee, with no performance fee and no entry or exit fee at launch, excluding third-party and network costs.
Speculative derivatives are prohibited. Leverage is limited to temporary settlement support within the parameters set out in the trust deed.
Standard Business Day processing sits alongside a discretionary Alternative Settlement Facility, subject to liquidity, pricing and operational conditions.
Participation is subject to wholesale eligibility, KYC/KYB, AML/CTF, sanctions and wallet screening, and acceptance by the Trustee.
INVESTMENT STRATEGY
BXCT implements its mandate by investing indirectly into AUD-denominated cash-management accounts and term deposits issued by Australian Authorised Deposit-taking Institutions. Leverage is prohibited other than temporary settlement support within the limits set by the trust deed, and speculative derivatives are prohibited.
DIGITAL REGISTER AND SETTLEMENT
This section explains the operating controls behind BXCT. It is intentionally different from the investor journey above.
REGISTER
The Trustee maintains an off-chain compliance record linking verified investors and Approved Wallets, alongside the on-chain record of BXCT Token balances. The governing register and trust documents determine legal ownership.
STANDARD PATH
Applications received before the cut-off are processed using the relevant Dealing Day NAV, with token delivery targeted for the next Business Day, subject to operational delays.
DISCRETIONARY PATH
The Trustee may process certain subscriptions or redemptions using an indicative NAV and available liquidity, with a later true-up against the final Dealing Day price. Availability is not guaranteed.
BXCT is available only to verified Wholesale Clients and other persons who may lawfully acquire interests without a Product Disclosure Statement. The Trustee may require evidence of wholesale status at any time.
No. BXCT is not intended for retail distribution.
The product sheet describes indirect exposure to AUD-denominated cash-management accounts and term deposits issued by Australian ADIs. AUDX is used for settlement purposes rather than as the core investment asset.
No. Capital, income, distributions and returns are not guaranteed. Outcomes depend on trust income, expenses, reserves, market conditions and the Trustee's determinations under the governing documents.
At launch, subscription settlement is accepted in AUDX. Applications are subject to acceptance by the Trustee, settlement confirmation and the relevant Dealing Day process.
The Trustee may operate an Alternative Settlement Facility for certain transactions, but it is discretionary and subject to available liquidity, transaction limits, pricing adjustments, operational conditions and the trust terms. Standard redemptions may take longer.
Each Unit is represented technologically by a BXCT Token. The Token does not create a separate financial product or rights separate from the Unit it represents.
Review the formal product details and speak with the BetterX team about eligibility, onboarding and the subscription process