OpenEden Secures Strategic Backers for Tokenized Treasury Expansion
OpenEden has onboarded a cohort of high-profile investors to accelerate its tokenized real-world asset platform, though financial terms remain undisclosed. The strategic round notably includes Ripple, Lightspeed Faction, and institutional heavyweights like FalconX and Anchorage Digital—a deliberate MOVE to embed liquidity partners and tokenization infrastructure specialists into its ecosystem.
The platform’s USDO stablecoin, collateralized by tokenized Treasuries, briefly surged to $300 million during a 2025 incentive program before stabilizing at $100 million. Meanwhile, its TBILL fund now commands $115 million in assets under management, signaling growing institutional appetite for yield-bearing on-chain instruments.
CEO Jeremy Ng frames the capital infusion as infrastructure play: 'As tokenization achieves escape velocity, demand grows for rails that bridge traditional finance compliance with DeFi innovation.' The participation of trading firms across three continents underscores the sector’s transition from proof-of-concept to production-grade solutions.
