Sovereign bonds? There's a token for that.

The company Currency.com, a sister company of fintech startup Capital.com, is launching what it says is the world's first tokenized government bond, according to a TechCrunch report .

The launch will make 1,000 tokenized securities available to both private and institutional investors, globally—with the exception of those in the U.S. and those on a list of high-risk and other monitored jurisdictions.

Users at Currency.com will be able to trade and invest in tokenized government bonds using fiat money, Bitcoin or Ethereum. The Eastern European country of Belarus has already had a tokenized version of its government bonds added to the platform. Currency.com CEO Ivan Gowan said he is confident the platform will gain more bonds.

“The arrival of tokenized securities will completely change how investors can use their cryptocurrencies,” he told TechCrunch. “Linking crypto to the price of stocks and shares provides a tangible way for holders of Bitcoin and Ethereum to access traditional financial markets.” The launch proved that there is both a market for assets like tokenized government bonds and that crypto is inching closer to a more traditional market.

The London Stock Exchange, Nasdaq and the Swiss Stock Exchange are all looking to move into tokenized securities, according to the report.