Since 2022, OpenEden has been building toward a simple but ambitious goal: to be the leading real-world asset (RWA) tokenization platform. Our mission has been clear: to bridge traditional finance and DeFi by unlocking RWA on-chain, compliantly, transparently, securely, and accessibly.
Over the past two years, we’ve moved from vision to execution, delivering tokenized products that meet institutional standards while remaining deeply composable within DeFi.
Now, with over $277 million in USDO TVL and over $286 million in TBILL TVL, integrations across top DeFi protocols, and institutional traction accelerating, OpenEden is entering its next phase, and we’re excited to share what’s ahead.
The Foundation: Real Yield, On-Chain
OpenEden launched its first product, TBILL, to offer tokenized exposure to short-term US Treasuries. Backed by real assets and issued under a regulatory-compliant fund structure, TBILL became the first tokenized US Treasury product to be ‘A’ rated by Moody’s.
This foundation paved the way for the launch of USDO, a regulated yield-bearing stablecoin issued by OpenEden Digital, a Bermuda-regulated and licensed entity. USDO is fully backed by tokenized T-bills and combines the price stability of a stablecoin with native on-chain yield, offering a capital-efficient asset for users, protocols, and institutions alike.
All reserve assets are publicly verifiable via real-time proof-of-reserves, part of OpenEden’s ongoing commitment to transparency and trust.
Scaling Utility Through DeFi And Institutions
As yield-bearing stablecoins like USDO and its wrapped token, cUSDO, grow in adoption, composability across the ecosystem is critical. OpenEden’s focus has been to integrate with protocols, platforms, and partners to unlock utility, liquidity, and real-world relevance.
Here’s how we’ve been scaling utility through DeFi, institutions, and beyond:
1. Liquidity & Trading Infrastructure
USDO and cUSDO are supported across major DEXs and liquidity protocols, providing foundational access for users and protocols. These integrations enable efficient price discovery, stablecoin swaps, and liquidity routing across chains.
2. Lending, Yield & Structured Products
cUSDO is live across DeFi protocols that specialize in capital-efficient strategies, fixed-income vaults, and innovative yield designs. These partnerships allow users to deploy yield-bearing assets into lending markets, rebalancing vaults, fixed-yield strategies, and point-incentive programs, while retaining exposure to tokenized treasury yield.
3. Custody, Security & Institutional Access
To enable institutions to access OpenEden products securely, we’ve partnered with regulated custodians, infrastructure providers, and exchanges. From investment management and custody for our TBILL fund to off-exchange collateral integration, prime brokerage services, secure wallet solutions, and credit rating service, our institutional partnerships enable regulated access and safe custody of both USDO and TBILL.
4. Strategy & Market Curation Partners
We work closely with research, strategy, and vault curators to design market-ready integrations and optimize capital allocation. These partners have been instrumental in shaping how cUSDO is deployed across DeFi structured products and vaults.
5. Real-World Payment Access
Expanding beyond DeFi, USDO is also supported in crypto-fiat payment gateway. This integration enables payments across 170+ countries and 300+ payment channels using credit/debit cards, Apple Pay, Google Pay, connecting DeFi with real-world commerce.
What’s Next?
In H2 2025, OpenEden is continuing to scale utility, liquidity, and institutional infrastructure. Key developments in our H2 2025 roadmap, both completed and upcoming, include:
Completed
- Collaboration with BNY, a global financial institution, to provide investment management and custody services for our TBILL fund
- Binance, as well as Ceffu’s MirrorRSV off-exchange collateral program with cUSDO
- Alchemy Pay integration with USDO and cUSDO
Coming Up
- Multichain expansion of USDO, extending access and composability to more L1 and L2 ecosystems
- New DeFi integrations that increase cUSDO liquidity and utility within on-chain strategies and vaults
- Integration into cross-border payment networks, consumer fintech, and neobanks, expanding use cases beyond crypto-utilities into real-world adoption
- Tokenized fund partnership with a leading financial institution
- Launch of new regulated crypto-yield product
And for the first time, we’re announcing one of our most important milestones yet…
Introducing EDEN: Powering the OpenEden Ecosystem
As OpenEden enters its next phase of growth, we are excited to officially introduce EDEN, the native token of the OpenEden ecosystem.
EDEN is designed to power coordination, incentives, and participation across the OpenEden ecosystem. The token will be a core part of how OpenEden aligns with users, partners, and contributors as we scale a more open and composable financial system built on tokenized RWAs.
Details on the breakdown can be found on the EDEN issuer page.
Bills Airdrop & EDEN HODLer Bonus Mechanism
As part of our commitment to reward Bills Campaign participants, eligible participants are entitled to their token allocation immediately after TGE.
However, to promote a longer-term alignment with OpenEden, we will introduce the EDEN HODLer Bonus Mechanism, a unique approach that discourages short-term selling by paper hands, rewards committed diamond hands, and strengthens the ecosystem from day one.
The portal to the EDEN HODLer Bonus Mechanism will be available for the community to view on 15 September 2025, with full details of the mechanism to be shared before 15 September.
EDEN Utility
With EDEN, we’re introducing a new layer of participation and ownership to the OpenEden ecosystem, built for long-term alignment between the protocol and its community.
xEDEN (staked EDEN) holders have a voice in key governance decisions across the ecosystem, such as:
- USDO and TBILL reserve strategy
- Treasury and insurance fund management
- Emission schedules
- Product roadmap proposals and upgrades
Users who stake EDEN to get xEDEN will contribute to the governance of the ecosystem and be eligible to receive EDEN staking rewards.
EDEN will continue to drive both existing and future growth initiatives once the Bills Campaign ends, incentivizing real-world use cases and DeFi participation.
xEDEN will be required for accessing certain features, such as:
- Transaction and access fees discounts
- Governance voting
- Early access and premium services
- Future fee accrual
In the future, a portion of protocol revenue or treasury may be allocated to buying EDEN tokens for distribution to xEDEN holders, potentially driving value to long-term holders.
Building the Next Layer of On-Chain Finance
With real-world assets, transparency, and on-chain yield as our foundation, OpenEden is focused on building sustainable value, not just liquidity. Every product, integration, and protocol partnership is part of a broader goal: to unlock the next generation of tokenized RWA compliantly, efficiently, and globally.
To our community, DeFi partners, and institutional collaborators, thank you for building with us. The next chapter is here.
About OpenEden
OpenEden operates a leading real-world asset (RWA) tokenization platform, renowned for its unmatched focus on regulatory standards and advanced financial technology. Founded in 2022, OpenEden bridges traditional and decentralized finance by providing, through its regulated entities in Bermuda and the BVI, secure, transparent, and compliant on-chain access to tokenized RWA. OpenEden is tokenizing global finance with a core focus on compliance and innovation. To learn more, visit www.openeden.com.
NOTE: The content is not for publication or distribution, directly or indirectly, in or into the United States of America (including its territories and possessions, any state of the US and the District of Columbia), nor in such jurisdictions where such announcement would require registration and/or approval with any relevant governmental or regulatory authorities (“restricted jurisdictions”). The content is not an offer of financial products or digital assets for sale in the US or such other restricted jurisdictions. The digital assets referred to herein have not been and will not be registered with any regulatory authority or framework, including under the US Securities Act of 1933, as amended and may not be offered or sold in the US or such other restricted jurisdictions, except pursuant to an applicable exemption from registration. No public offering of the digital assets is being made in the US or restricted jurisdictions. For full details on the applicable T&Cs, please refer to https://docs.openeden.com/
EDEN, the airdrop and the HODler mechanics will be issued/operated by OE Services Limited, a BVI registered company. EDEN is intended to be a utility token and it and any digital assets referred to herein have not been and will not be registered with any regulatory authority or framework, including under the US Securities Act of 1933, as amended and may not be offered or sold in the US or such other restricted jurisdictions, except pursuant to an applicable exemption from registration. No public offering of such digital assets is being made in the US, restricted jurisdictions or such jurisdictions where the offer or sale of such digital assets are restricted by relevant laws or regulations.
