OpenEden
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | $5.0m | Early VC | |
* | N/A | Early VC | |
Total Funding | AUD7.7m |
Recent News about OpenEden
EditOpenEden is a financial technology company that bridges traditional finance and decentralized finance by offering tokenized U.S. Treasury Bills (TBILL tokens). The company serves institutional and retail investors looking for secure, transparent, and high-yield investment opportunities. Operating in the blockchain and cryptocurrency market, OpenEden leverages smart contracts to provide 24/7 access to U.S. Treasury Bills, ensuring real-time transparency and security through on-chain verification and daily reserve reports. The business model revolves around earning fees from the issuance, subscription, and redemption of TBILL tokens, as well as from the yield generated by these assets. OpenEden's TBILL tokens are backed 1:1 by U.S. Treasury securities, USDC, and U.S. dollars, and are audited by independent parties to ensure maximum transparency and reliability. The company mitigates smart contract risks through rigorous audits and partnerships with regulated entities.
Keywords: tokenized treasuries, U.S. Treasury Bills, blockchain, decentralized finance, smart contracts, real-time transparency, institutional investors, retail investors, sustainable yields, on-chain verification.