OpenEden Secures Funding to Scale Tokenization Platform

OpenEden, a tokenization platform for traditional assets, has closed a new investment round backed by prominent players in the crypto space.

The funding will support the expansion of its tokenization-as-a-service platform and the launch of new products linked to traditional markets.

Two core offerings remain the priority: TBILL, OpenEden's tokenized U.S. Treasury fund, which carries investment-grade ratings from S&P Global and Moody's, and USDO, a yield-bearing stablecoin backed by those Treasurys.

Founder and CEO Jeremy Ng stated that growing tokenization adoption is increasing institutional demand for compliant, trusted infrastructure capable of bringing traditional assets on-chain.