OpenEden EDENPrice $ 0.0291

OpenEden is the tokenized real-world asset (RWA) issuer to receive a Moody's "A-bf" bond fund rating. Since launching in early 2023, OpenEden has already become the largest issuer of tokenized US Treasuries in Asia and Europe.The platform offers 24/7, on-chain access to tokenized US Treasury securities, tailored for Web3 CFOs, DAO treasury managers, and buy-side institutional investors seeking low-risk, highly liquid crypto cash management solutions. As part of its end-to-end tokenization stack, OpenEden is directly involved through its licensed investment management entity, which manages a BVI-registered professional fund. This fund issues the $TBILL tokens and custodizes the underlying assets with licensed third-party custodians.

The key products:

• TBILL token, is backed 1:1 by U.S. T-Bills and a portion of USD, functioning as a smart-contract vault that provides permissionless exposure to the U.S. risk-free rate through a liquid on-chain pool, enabling stablecoin holders to earn sustainable yields with real-time transparency and instant minting/redemption.

• OpenDollar (USDO) is a yield-bearing stablecoin launched in January 2025, fully backed by tokenized treasuries including TBILL—the first Moody's-rated tokenized U.S. Treasury product—offering dollar stability, regulatory compliance, and crypto flexibility for passive income without the volatility of typical stablecoins.