What is it?
OpenEden’s flagship product is a yield-bearing $TBILL token, representing shares in a fund holding U.S. Treasury securities.
What problem does it solve?
Web3 treasuries lack on-chain access to one of the most basic instruments for cash management.
Crypto treasury managers are forced to deploy their treasury assets into higher-risk sources of “native yield” like staking, or options vaults, or hold stablecoins that do not generate yield.
By tokenizing high-quality liquid assets like U.S. Treasury securities, OpenEden is bringing risk-free yields on-chain.
Feature Highlights
- First and only tokenized U.S. T-Bill product to receive an “A” grade rating from Moody’s
- One of six RWA token issuers selected out of 30 proposals submitted to Arbitrum DAO’s treasury
- On-chain vaults on Ethereum and Arbitrum for 24/7 minting/redemption
- Bankruptcy-remote structure
- Singapore-licensed investment manager
- Annual audits by EY
How it works
Qualified purchasers like whitelisted DAOs, treasury managers can mint and redeem TBILL tokens 24/7 with USDC via a smart contract vault on Ethereum or Abritrum.