OpenEden's TBILL Becomes First Tokenized T-Bill Fund to Get Moody's Rating
OpenEden's TBILL Becomes First Tokenized T-Bill Fund to Get Moody's Rating
馃弳 T-Bills Go Crypto Official
OpenEden's tokenized U.S. Treasury Bill fund (TBILL) has achieved an A rating from Moody's Ratings, marking a significant milestone as the first tokenized T-Bill product to receive a credit rating.
Key highlights:
- Fund rated 'A' by Moody's, indicating upper-medium-grade investment quality
- Underlying assets (U.S. T-Bills) align with Aaa rating standards
- Rating validates risk management and regulatory compliance
The platform has partnered with:
- Hidden Road Partners and Zodia Custody for institutional collateral services
- BitGo, HexTrust, and Rakkar Digital for institutional access
- Payment companies and DeFi protocols for broader blockchain accessibility
OpenEden plans to expand into yield-bearing payment tokens with new funding round.
OpenEden鈥檚 $TBILLis the first-ever tokenized U.S T-Bill 聽fund to achieve an investment grade rating from Moody鈥檚 Ratings . But why is this聽monumental for the RWA sector ? 馃憞
OpenEden Launches Instant TBILL to USDC Redemptions
OpenEden has introduced TBILL Instant Redemption, enabling users to convert tokenized U.S. Treasury Bills (TBILL) to USDC instantly through BlackRock's BUIDL integration. Key Features: - 24/7 instant liquidity with atomic transactions - Simple redemption process through OpenEden dApp - Enhanced security via Circle's smart contract infrastructure Benefits: - Immediate access to funds vs traditional multi-day wait times - Combines T-Bill stability with DeFi flexibility - Suitable for DAOs, crypto treasuries, and institutional investors Visit OpenEden dApp to access instant redemptions.
Tokenized RWA and Stablecoins: Unexpected Pathways to Mass Adoption
Fireblocks CEO Michael Shaulov discusses how tokenized Real World Assets (RWA) and stablecoins are driving blockchain adoption in unexpected ways: - Enterprise payments and treasury management emerge as key use cases - These applications offer underrated pathways to mass adoption - Regulated and licensed players in RWA or payments have significant opportunities The RWA market has surged to $12 billion, with traditional firms leading the charge. This growth highlights: - Increasing integration of traditional finance with blockchain - Emerging opportunities and regulatory challenges For more insights, listen to the full podcast on The Block.
Anchorage Supports Tokenized T-Bills for Crypto Treasury Management
**Tokenized T-Bills Gain Traction** - Top-tier custodians like Anchorage now support tokenized Treasury Bills - Provides crypto treasury managers on-chain access to common cash management tools - Finoa's custody service offers tokenized T-Bills via Anemoy's Liquid Treasury Fund on Centrifuge - Institutional clients gain access to these innovative financial instruments This development marks a significant step in bridging traditional finance with crypto asset management, offering new opportunities for efficient treasury operations in the blockchain space.
Solayer Labs Teases Upcoming Project
Solayer Labs has hinted at an upcoming project, building anticipation within the community. While details remain scarce, this announcement follows a pattern of teasers dating back to August 2024. Key points: - Solayer Labs is working on a new project - The team has been dropping hints since August - Full details are yet to be revealed Stay tuned for more information as Solayer Labs continues to build suspense around their latest endeavor.