Source: DefiPlanet
Original Title: OpenEden Secures Strategic Funding to Expand Tokenized Finance and Institutional RWAs
Original Link:
Overview
Key Highlights:
OpenEden completes strategic investment round with participation from Ripple, Lightspeed Faction, Gate Ventures, FalconX, Anchorage Digital Ventures, Flowdesk, P2 Ventures, Selini Capital, Kaia Foundation, and Sigma Capital
Funding accelerates growth of RWA tokenization platform including regulated stablecoins and tokenized US Treasuries
Platform enables institutions and DeFi protocols to issue, manage, and trade regulated tokenized financial products
Scaling Tokenized Finance and Institutional-Grade RWAs
Following earlier fundraising with Yzi Labs in 2024, OpenEden plans to expand its end-to-end RWA tokenization-as-a-service platform. The platform enables institutions and DeFi protocols to issue, manage, and trade regulated, tokenized financial products.
OpenEden’s flagship products include USDO, a yield-bearing stablecoin backed by tokenized US Treasuries, and the TBILL Fund, one of the first tokenized US Treasuries funds. Both products have seen rapid adoption, with the TBILL Fund’s AUM increasing more than tenfold in under two years. The Fund also holds an ‘AA+f/S1+’ rating from S&P Global and retains BNY as custodian and investment manager, reinforcing its institutional credibility.
cUSDO, OpenEden’s wrapped stablecoin, has become the first yield-bearing digital asset approved as off-exchange collateral on a certain head exchange, enabling institutional clients to earn yield while retaining full trading access.
Expanding the RWA Ecosystem and Global Payments
The new funding will support the launch of additional tokenized funds and structured products, including a Short-Duration Global High-Yield Bond Fund and multi-strategy yield tokens. OpenEden will also scale USDO’s integration into consumer and institutional payment networks, expand its multi-currency stablecoin framework, and develop cross-border settlement infrastructure.
Investors highlighted OpenEden’s disciplined approach and potential to bridge traditional finance with on-chain markets. Markus Infanger, SVP of RippleX, noted the platform’s focus on compliance and reliability for regulated financial products, while Nathan McCauley, Co-Founder of Anchorage Digital, emphasized its role in bringing institutional-grade RWAs on-chain.
Meanwhile, Anchorage Digital rolled out custody and staking for Starknet’s native token, STRK, to meet institutional demand for yield-generating opportunities in digital assets.
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OpenEden Secures Strategic Funding to Expand Tokenized Finance and Institutional RWAs
Source: DefiPlanet Original Title: OpenEden Secures Strategic Funding to Expand Tokenized Finance and Institutional RWAs Original Link:
Overview
Key Highlights:
Scaling Tokenized Finance and Institutional-Grade RWAs
Following earlier fundraising with Yzi Labs in 2024, OpenEden plans to expand its end-to-end RWA tokenization-as-a-service platform. The platform enables institutions and DeFi protocols to issue, manage, and trade regulated, tokenized financial products.
OpenEden’s flagship products include USDO, a yield-bearing stablecoin backed by tokenized US Treasuries, and the TBILL Fund, one of the first tokenized US Treasuries funds. Both products have seen rapid adoption, with the TBILL Fund’s AUM increasing more than tenfold in under two years. The Fund also holds an ‘AA+f/S1+’ rating from S&P Global and retains BNY as custodian and investment manager, reinforcing its institutional credibility.
cUSDO, OpenEden’s wrapped stablecoin, has become the first yield-bearing digital asset approved as off-exchange collateral on a certain head exchange, enabling institutional clients to earn yield while retaining full trading access.
Expanding the RWA Ecosystem and Global Payments
The new funding will support the launch of additional tokenized funds and structured products, including a Short-Duration Global High-Yield Bond Fund and multi-strategy yield tokens. OpenEden will also scale USDO’s integration into consumer and institutional payment networks, expand its multi-currency stablecoin framework, and develop cross-border settlement infrastructure.
Investors highlighted OpenEden’s disciplined approach and potential to bridge traditional finance with on-chain markets. Markus Infanger, SVP of RippleX, noted the platform’s focus on compliance and reliability for regulated financial products, while Nathan McCauley, Co-Founder of Anchorage Digital, emphasized its role in bringing institutional-grade RWAs on-chain.
Meanwhile, Anchorage Digital rolled out custody and staking for Starknet’s native token, STRK, to meet institutional demand for yield-generating opportunities in digital assets.