In August, @OpenEden_X took a major step in shaping the future of tokenized finance: they appointed affiliates of Bank of New York (BNY) as investment manager and primary custodian for their $TBILL fund, the world’s first tokenized U.S. Treasury product to receive an investment-grade “A” rating from Moody’s. It is also rated "AA+" by S&P Global.
This isn’t a pilot or MVP. It’s a regulated, institution-ready product, already live and scaling.
$TBILL offers direct on-chain access to short-dated U.S. Treasuries and overnight repos. Behind the scenes, BNY Investments Dreyfus, one of the largest liquidity managers globally, handles fund management, while BNY provides custody using infrastructure that services $55T+ in traditional assets.
This is what true RWA infrastructure looks like: trusted, transparent, and composable.
OpenEden has positioned itself as the “Shopify” of tokenized RWAs, a regulated platform integrating stablecoin and RWA rails across DeFi, CeFi, fintechs, and payments. Founded in 2022 by Jeremy Ng (ex-Gemini APAC CEO, ex-Goldman Sachs), @jeremyng777 brings over 25 years of TradFi and crypto leadership to the table.
And there’s more on the horizon: $EDEN, the native token powering the ecosystem, is slated to launch soon across top-tier CEXs.
Excited to see what $EDEN brings. Bullish. 🔥
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