OpenEden collaborates with BNY to manage tokenized bond products

YM Lee

Summary

OpenEden announced that the collaboration with BNY Mellon has increased the credibility of its Real-World Asset (RWA) tokenization platform.
Through this partnership, OpenEden can now manage and custody assets based on U.S. Treasury bills (TBILLs).
The TBILL managed by OpenEden is the first tokenized U.S. Treasury fund to receive Moody's A rating.

The Real-World Asset (RWA) tokenization platform OpenEden announced its partnership with New York's BNY.

According to a report from Cointelegraph on the 13th (local time), OpenEden stated, "Through collaboration with BNY, we are now able to manage and custody assets based on U.S. Treasury bills (TBILLs)."

The Treasury bill TBILL managed by OpenEden is the first tokenized U.S. Treasury fund to receive Moody's A rating.

Jeremy Ng, founder of OpenEden, emphasized, "By combining the expertise of OpenEden and BNY, we can set a new standard of trust in the digital asset space."

YM Lee

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OpenEden collaborates with BNY to manage tokenized bond products

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