OpenEden
OpenEden has launched the first smart contract vault to offer 24/7 access to U.S. Treasury Bills (T-Bills) in a bankruptcy-remote SPV. Stablecoin holders can mint TBILL tokens via the OpenEden TBILL Vault to earn the U.S. risk-free rate, which yields close to 5.20% p.a. as of June 2023. OpenEden is building the bridge to a new financial system. Our mission is to bring real-world assets on-chain to unlock trillions of dollars in value. We believe that internet-native money and… OpenEden has launched the first smart contract vault to offer 24/7 access to U.S. Treasury Bills (T-Bills) in a bankruptcy-remote SPV. Stablecoin holders can mint TBILL tokens via the OpenEden TBILL Vault to earn the U.S. risk-free rate, which yields close to 5.20% p.a. as of June 2023. OpenEden is building the bridge to a new financial system. Our mission is to bring real-world assets on-chain to unlock trillions of dollars in value. We believe that internet-native money and decentralisation will open up access to real-world assets for everyone on a global scale, creating a more inclusive, permissionless, and free-flowing economy.
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Key Info
- 2022 Founded
- Singapore, Singapore, Singapore
- 12 Employees
- •••••••••
Credibility
LinkedIn Verified
News
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Activity Timeline
- Raisedfrom .undisclosed capital
Sep 12, 2024
Team
Investments
Round | Amount Raised | Date | Investors |
---|---|---|---|
Venture Round | — | Sep 12, 2024 |