OpenEden Taps BNY Mellon to Steer Tokenized Fund—Wall Street Finally Wakes Up to Crypto

In a move that screams 'better late than never,' OpenEden just handed the keys of its tokenized fund to banking giant BNY Mellon. Because nothing says 'innovation' like a 238-year-old custodian managing your blockchain assets.

The Punchline:
Traditional finance meets digital frontier—with training wheels.

The fund, now under BNY’s institutional umbrella, aims to bridge the gap between crypto’s wild west and the stuffy corridors of legacy finance. Expect yacht purchases in both USDT and USD.

Why It Matters:
When a trillion-dollar asset manager dips its toes into tokenization, even Bitcoin maxis pause. This isn’t your cousin’s DeFi project—it’s the old guard playing catch-up (and charging 2% fees for the privilege).

The Cynic’s Take:
Nothing accelerates adoption like Wall Street smelling profit. Just don’t ask them to explain what a 'blockchain' is.