Form N2

CONTENTS OF FORM N-2

GENERAL INSTRUCTIONS
A. Use of Form N-2
B. Automatic Shelf Offerings by Well-Known Seasoned Issuers
C. Registration Fees
D. Application of General Rules and Regulations
E. Amendments
F. Incorporation by Reference
G. Documents Composing the Registration Statement or Amendment
H. Preparation of the Registration Statement or Amendment
I. Interactive Data Files
J. Registration of Additional Securities
Part A: The Prospectus
Part B: Statement of Additional Information
General Instructions for Parts A and B

Part A – INFORMATION REQUIRED IN A PROSPECTUS
Item 1. Outside Front Cover
Item 2. Cover Pages; Other Offering Information
Item 3. Fee Table and Synopsis
Item 4. Financial Highlights
Item 5. Plan of Distribution
Item 6. Selling Shareholders
Item 7. Use of Proceeds
Item 8. General Description of the Registrant
Item 9. Management
Item 10. Capital Stock, Long-Term Debt, and Other Securities
Item 11. Defaults and Arrears on Senior Securities
Item 12. Legal Proceedings
Item 13. [Removed and reserved.]

Part B – INFORMATION REQUIRED IN A STATEMENT OF ADDITIONAL INFORMATION
Item 14. Cover Page
Item 15. Table of Contents
Item 16. General Information and History
Item 17. Investment Objective and Policies
Item 18. Management
Item 19. Control Persons and Principal Holders of Securities
Item 20. Investment Advisory and Other Services
Item 21. Portfolio Managers
Item 22. Brokerage Allocation and Other Practices
Item 23. Tax Status
Item 24. Financial Statements

Part C – OTHER INFORMATION
Item 25. Financial Statements and Exhibits
Item 26. Marketing Arrangements
Item 27. Other Expenses of Issuance and Distribution
Item 28. Persons Controlled by or Under Common Control
Item 29. Number of Holders of Securities
Item 30. Indemnification
Item 31. Business and Other Connections of Investment Adviser
Item 32. Location of Accounts and Records
Item 33. Management Services
Item 34. Undertakings

SIGNATURES
FUND PROFILE
NameXFT Short-Term U.S. Government Securities Fund
TickerUSDX
DescriptionPermissionless yield-bearing stablecoin
Investment GoalProvide current income with capital preservation and liquidity. Maintain a stable $1.00 share price.
Use CasesCash management, yield-bearing collateral, cross-border payments
Investment StrategyInvests ≥99.5% in short duration government securities, cash, and repurchase agreements collateralized by government securities or cash
Fund TypeTaxable Bond Funds - US Government Bond Funds
Legal Structure1940 Act Closed-End Interval Fund
MANAGEMENT
SponsorX Financial Technologies
Investment ManagerClosed-End Fund Advisors
Board of Directors[Not Provided]
Directors' Biographies[Not Provided]
Executive Officers[Not Provided]
Officers' Biographies[Not Provided]
Advisory Agreement Terms[Not Provided]
Compensation   Structure[Not Provided]
FEES AND EXPENSES
Management Fee0.15%
Other Expenses0.11%
Total Expenses0.26%
Fee Waiver-0.06%
Net Expenses0.20%
Network FeesGas fee pass-through
Performance FeeYield share 20%
Gross Expense Ratio0.14%
Net Expense Ratio0.14%
DISTRIBUTION
PolicyManaged Distribution
FrequencyDaily
Dividend TypeLevel Dollar Amount
UNII ReportingMonthly
BenchmarkCEFA's Taxable Bond & BDC Index
CAPITAL STOCK AND OTHER SECURITIES
Authorized Shares[Not Provided]
Par Value[Not Provided]
Voting Rights[Not Provided]
Shareholder Rights[Not Provided]
Share ClassesUSDX (Rebasing), wUSDX (Accumulating)
Features and Fees[Not Provided]
PURCHASE AND REDEMPTION OF SECURITIES
Initial Offering Price[Not Provided]
Sales Charges[Not Provided]
Minimum Mint (Purchase)$5,000
Minimum Redemption$5,000
Redemption Procedures[Not Provided]
Redemption Fees[Not Provided]
INVESTMENT PARAMETERS
Underlying AssetsShort duration government securities
Portfolio Requirement≥99.5% Government securities
Max Maturity397 calendar days
Weighted Avg Maturity≤60 days
Weighted Avg Life≤120 days
Investor EligibilityQualified Purchasers
Individual AccessxAPI mobile application
Institutional   AccessWeb Portal
TECHNOLOGY
Available NetworksEthereum, Avalanche, X Ledger, Stacks, Lightning   Network
Recording SystemBlockchain-integrated
Access ControlPermissioned system
Smart ContractsWhitelisted wallets
TOKEN TYPES
USDXRebasing, ERC-20
wUSDXAccumulating, ERC-4626
SERVICE PROVIDERS
SponsorX Financial Technologies
Investment ManagerClosed-End Fund Advisors
AdministratorBNY Mellon
CustodianBNY Mellon
Transfer AgentX Financial Technologies
AuditorErnst & Young LLP
Prime BrokersGoldman Sachs, RBC
Payment PartnersVisa, Circle, Apex Fintech Solutions
Legal Counsel[Not Provided]
Sub-Custodians[Not Provided]
REGULATORY COMPLIANCE
Regulatory BodyU.S. Securities and Exchange Commission (SEC)
Compliance StandardsInvestment Company Act of 1940, Rule 2a-7
State of IncDE
Maryland ActFALSE
Staggered BoardYES
RISKS
Interest RateExposure to rising/falling rates affecting security prices
CreditMinimal, focused on U.S. government securities; includes agency securities
LiquidityManaged through short duration assets and daily redemptions
BlockchainSecurity, technical flaws, regulatory changes, network forks
CybersecurityPotential data breaches, unauthorized access, cyber attacks
Market[Not Provided]
Regulatory[Not Provided]
Operational[Not Provided]
Leverage[Not Provided]
CONTACT INFORMATION
AddressX Capital Management, LLC
903 Love Drive
Williamsport, PA 17701
Websitexft.finance
Emailalex@alexandros-securities.com
File NumberInvestment Company Act file #123-45678
Copyright© 2024 X Financial Technologies. All rights reserved
ADDITIONAL INFORMATION
Financial Statements[Not Provided]
Statement of Additional Information (SAI)[Not Provided]
TAX INFORMATION
Tax Status of Distributions[Not Provided]
Tax Considerations[Not Provided]
LEGAL PROCEEDINGS
Pending Litigation[Not Provided]
POLICIES AND PROCEDURES
Proxy Voting Policies[Not Provided]
Code of Ethics[Not Provided]
Anti-Money Laundering Procedures[Not Provided]
PRIVACY POLICY
Data Practices[Not Provided]
Data Collection[Not Provided]
Data Sharing[Not Provided]
Investor Rights[Not Provided]
PERFORMANCE
Net Asset Value (NAV)[Not Provided]
Total Return[Not Provided]
Expense Ratios[Not Provided]