OpenEden
OpenEden is a fintech company founded in 2022 that provides onchain access to tokenized US Treasury bills. Its TBILL token is backed 1-to-1 by short-dated US Treasury bills and a small US dollar reserve, giving institutional and Web3 treasury managers 24/7 access to Treasury yield. OpenEden's tokenized Treasury fund holds an AA+ rating from S&P Global and was among the first tokenized real-world asset products to receive an investment-grade rating from Moody's. BNY provides investment management and custody for the fund, and OpenEden has expanded across multiple blockchains including the XRP Ledger.
🏛 Regulatory Status
Recent News
OpenEden launched USDO, a regulated yield-bearing stablecoin pegged 1:1 to the US dollar and collateralized by tokenized US Treasuries and reverse repos.