OpenEden Secures Major Backing as Tokenized Treasury Demand Skyrockets

Forget waiting for the Fed to cut rates. A new wave of investors is bypassing traditional finance entirely, pouring capital into tokenized real-world assets. The latest signal? OpenEden just locked in fresh heavyweight support.

The Yield Hunt Is On

With bond markets stuck in a low-yield rut, digital asset platforms offering tokenized U.S. Treasuries are seeing explosive growth. It's simple: blockchain strips out layers of intermediaries, delivering cleaner, more accessible yield straight to your wallet. No bank hours, no minimums—just programmable income.

Why Institutions Are Clicking 'Connect Wallet'

This isn't just crypto-native money talking. The backing flowing into OpenEden points to a broader institutional pivot. They're not chasing memecoins; they're chasing efficiency and a 24/7 settlement layer for the world's safest collateral. Tokenization turns clunky treasury operations into seamless, transparent digital workflows.

The Final Tally

The trend is undeniable. Demand for tokenized treasuries isn't a niche play anymore—it's becoming a core pillar of the digital finance stack. While traditional banks debate their blockchain strategy over three-martini lunches, the market is already voting with its capital. The future of fixed income is being built on-chain, one block at a time.

OpenEden has added a group of strategic investors to its cap table to help scale its tokenized real-world asset platform, but declined to disclose the size, valuation or structure of the deal.

The round, announced Tuesday in a statement, includes participation from Ripple, Lightspeed Faction, Gate Ventures, FalconX, Anchorage Digital and other trading and infrastructure firms across the US, Europe and Asia.

A company spokesperson said the raise was intentionally positioned as a “strategic” round focused on bringing partners with institutional liquidity and tokenization infrastructure into the business, rather than on announcing a headline monetary amount.

“As tokenization scales in adoption, institutions and protocols are seeking trusted, compliant infrastructure to bring traditional assets on-chain," OpenEden founder and CEO Jeremy Ng said in a statement. "This funding round boosts our capacity to provide regulated, market-ready products that fit both traditional and decentralized finance standards.”

OpenEden provided updated usage figures after being asked for further detail. The firm said USDO, its yield-bearing stablecoin backed by tokenized U.S. Treasuries, peaked at just under $300 million in supply during a mid-2025 incentive program and has since normalized to just under $100 million. TBILL, OpenEden’s tokenized U.S. Treasuries fund, now manages roughly $115 million in assets, the company said.

Industry backers framed the investment as a bet on institutional adoption of tokenized Treasuries. “As regulated financial assets MOVE onchain, institutional investors are looking for products that offer compliance, reliability, and the same controls they expect in traditional markets.,” Markus Infanger, SVP of RippleX, said. “We’re pleased to support their growth as assets like tokenized T-bills emerge as practical ways for institutions to begin engaging with onchain markets.”

OpenEden said the new relationships will help it develop additional tokenized funds and structured products and broaden integrations for USDO, including multi-currency and cross-border settlement capabilities. The company gave no timeline for those launches.