Background

OpenEden

The OpenEden Treasury Bills TBILL Vault ("TBILL Vault") is a smart contract vault that provides investors with direct exposure to a pool of short-dated U.S. Treasury Bills (“U.S. T-Bills”) and overnight reverse repurchase agreements through the minting of the TBILL token. The TBILL token is backed 1:1 by short-dated U.S. T-Bills and a small portion of U.S. Dollar (“USD”). The TBILL token token issuer is a registered professional fund (“Fund”) regulated by the British Virgin Islands Financial Services Commission (“Token Issuer”) and the underlying U.S. Treasury Bill assets are managed by a registered fund management company regulated in a tier-1 jurisdiction.

TBILL token holders will receive a return on their capital that reflects the returns generated by the underlying U.S. T-Bills portfolio held by the Fund. At any given time, the Fund will hold a portfolio of U.S. T-Bills and USD with designated regulated custodians.

Integrationstwitter

OpenEden Launches Instant TBILL to USDC Redemptions

Thu 16th Jan 2025
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.
Community article

Tokenized RWA and Stablecoins: Unexpected Pathways to Mass Adoption

Tue 15th Oct 2024
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.
Community article

Anchorage Supports Tokenized T-Bills for Crypto Treasury Management

Tue 15th Oct 2024
**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

Tue 15th Oct 2024
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.
dudes