Securitize Wraps Roubini's SEC-Registered ETF as Dubai VARA Digital Security

Cumulative Return

11.11%

The total return of the Atlas America Fund since inception.

Annualized Volatility

5.47%

The annualized measure of risk for the Atlas America Fund.

Sharpe Ratio

0.55

The Sharpe ratio indicating the risk-adjusted return of the Atlas America Fund.

§ 01 Executive Snapshot

What: Securitize has tokenized economist Nouriel Roubini's Atlas America Fund as USAFi, a digital security under Dubai's VARA.
Who: Key players include Securitize, Nouriel Roubini, Atlas Capital Team, and Bank of New York.
Why it matters: The initiative represents a significant integration of traditional finance with digital assets, allowing for regulated, portable collateral in DeFi.

USAFi is issued under VARA's Asset Referenced Virtual Asset Rulebook, allowing permissionless trading with 24/7 accessibility.
Since inception 19 months ago, USAF has posted a cumulative return of 11.11% with an annualized volatility of 5.47%.
Atlas Capital Team aims for a Q3 2026 launch for USAFi, expanding Securitize's institutional tokenization franchise.

The project builds on the evolving regulatory framework in Dubai, positioning USAFi as a compliant option for institutional investors seeking digital assets.
Roubini's shift from critic to participant highlights a broader acceptance of digital finance solutions backed by real-world assets.

Immediate market consequence includes enhanced credibility for digital securities as a viable investment option for institutional players.
Long-term implications could lead to increased adoption of tokenized assets and further integration of DeFi with traditional finance systems.

Potential regulatory roadblocks could arise as the framework evolves, impacting the operational viability of tokenized securities.
Competition from other financial products and platforms may limit USAFi's market penetration and adoption rates.

The anticipated Q3 2026 launch will be a critical milestone for the success of USAFi in the market.
Future developments in regulatory clarity and market response will signal the potential success or challenges faced by this tokenized offering.

§ 07

What is USAFi?

USAFi is a digital security representing economist Nouriel Roubini's Atlas America Fund, tokenized by Securitize under Dubai's VARA.

Why is the integration of traditional finance with digital assets important?

This integration allows for regulated, portable collateral in DeFi, enhancing the credibility and viability of digital securities.

How does USAFi's performance compare since its inception?

Since its inception 19 months ago, USAFi has posted a cumulative return of 11.11% with an annualized volatility of 5.47%.