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OpenEden

OpenEden
Website:
OpenEden
Launch Status:
Live
Issuer/Asset Category:
Public Debt Instruments
Summary:

OpenEden has built the smart-contract Tokenized Vault that allows users to mint and redeem TBLILL token, around the clock, in an on-chain manner, with a regulatory compliant foundation in a bankruptcy-remote SPV structure. The improved settlement time is a result of smart contracts implementation that convert deposited assets to TBILLs automatically. Additionally, OpenEden offers a 60+ pages prospectus for investors that ascribe their rights and risks, plus manages the funds by investing in treasury bills, reducing potential risks coming from investing into its ETFs. Notably, the issued TBILL token accrue in value daily, by the underlying T-Bills interest.

Product Category:
Tokenization platform
Token:
Chain:
Ethereum
Location:
Custodial/Non-Custodial:
Non-custodial
Private/Public Blockchain:
Public