In just three weeks since launching, the OpenEden on-chain TBILL Vault has exceeded $10 million in total value locked! This milestone highlights the appeal of real-world assets in DeFi — and the need for secure cash management solutions in a crypto-native wrapper.
As the first smart contract vault for US Treasury Bills, the OpenEden TBILL Vault provides on-chain exposure and 24/7 instant liquidity to the US risk-free rate via OpenEden’s TBILL token.
The Vault was designed as the ideal cash management solution for the following users:
- Web3 start-ups can hedge their stablecoin exposure and extend the runway on their treasury funds, to make every dollar count in the bear market.
- Crypto funds can hedge their stablecoin exposure and earn stable returns on their dry powder while staying nimble with their investment strategies, thanks to the Vault’s 24/7 instant liquidity.
- DAOs can increase their transparency and accountability to stakeholders by keeping funds on-chain and in self-custody, with higher returns and capital efficiency than DeFi lending.
Get started today with the OpenEden TBILL Vault!
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NOTE: The content is not for publication or distribution, directly or indirectly, in or into the United States of America (including its territories and possessions, any state of the US and the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/
