Rated "AA+" by S&P Global Ratings

About OpenEden

OpenEden is pioneering the tokenization of real-world assets, bringing U.S. Treasury Bill yields on-chain for institutions and eligible investors worldwide. Our mission is to bridge traditional finance and decentralized finance through transparency, security, and compliance.

Our Mission

OpenEden was founded with a singular purpose: to make the U.S. risk-free rate accessible on-chain. We believe that the transparency and composability of blockchain technology, combined with the stability and reliability of U.S. Treasury Bills, creates a powerful foundation for the future of institutional digital finance.

Through the TBILL Vault, OpenEden enables qualified investors to mint and redeem TBILL tokens 24/7, with instant liquidity and real-time on-chain transparency — something previously impossible with traditional financial instruments.

$136M+
Total Value Locked
AA+
S&P Global Rating
24/7
Instant Liquidity

What is OpenEden?

OpenEden operates the world's first smart-contract vault for U.S. Treasury Bills. TBILL tokens issued through the OpenEden platform represent direct exposure to short-dated U.S. Treasury Bills, with each token backed 1:1 by the underlying assets held in a bankruptcy-remote, BVIFSC-regulated professional fund.

The TBILL Fund is managed by licensed fund managers who comply with strict regulatory and reporting requirements. By tokenizing T-Bills on Ethereum and other leading blockchain networks, OpenEden brings institutional-grade yield products to the on-chain ecosystem.

Bankruptcy Remote

TBILL tokens are issued out of a bankruptcy-remote structure, protecting investor assets from counterparty risk.

Regulated Fund

The underlying fund is regulated by the British Virgin Islands Financial Services Commission (BVIFSC).

Full Transparency

Real-time on-chain transparency allows anyone to verify the vault's holdings and token prices at any time.

Our Journey

From a bold idea to a regulated, multi-chain platform — here is how OpenEden has grown since inception.

2022
Foundation & Concept
OpenEden is founded with the vision of bringing U.S. Treasury Bill yields on-chain. Initial research and regulatory groundwork is laid to establish a compliant, institutional-grade product.
2023
TBILL Vault Launch on Ethereum
The world's first smart-contract vault for U.S. Treasury Bills launches on Ethereum mainnet. OpenEden enables qualified investors to mint and redeem TBILL tokens with 24/7 liquidity for the first time in history.
2023
Multi-Chain Expansion
OpenEden expands to Arbitrum and XRPL, broadening access to the TBILL token for institutional investors across multiple blockchain ecosystems.
2024
AA+ Rating by S&P Global
The OpenEden TBILL Fund receives an "AA+" rating from S&P Global Ratings, affirming the highest standards of credit quality and risk management for the underlying portfolio.
2024
$136M+ Total Value Locked
OpenEden surpasses $136 million in total value locked, demonstrating growing institutional trust and the increasing demand for compliant, on-chain Treasury Bill products.

Our Team

OpenEden is built by a team of experienced professionals from traditional finance, blockchain technology, and regulatory compliance.

JL
Jeremy Lam
Co-Founder & CEO
KT
Ken Tng
Co-Founder & CTO
SR
Strategy & Risk
Head of Risk
CF
Compliance & Legal
General Counsel

Regulatory Framework

OpenEden operates within a robust regulatory framework designed to protect investors and ensure full compliance with applicable laws. Our structure is built on three pillars: a BVI-regulated professional fund, a Bermuda-licensed digital asset business, and strict adherence to international AML/KYC standards.

TBILL Tokens are issued by Treasury Bills Institutional Liquidity Limited, a BVIFSC regulated professional fund and are only available to Professional Investors as defined under the BVI Securities and Investment Business Act. "OpenEden" is the umbrella name for a number of entities, including a BVI regulated professional fund and a Bermuda licensed digital asset business approved and registered as a segregated accounts company that operate as part of the OpenEden Group.

Supported Networks & Partners

OpenEden is available across leading blockchain networks and works with best-in-class partners to deliver institutional-grade infrastructure.

Ethereum
Arbitrum
XRPL
BNY Mellon
S&P Global
Fireblocks

Start Earning with OpenEden

Access U.S. Treasury Bill yields on-chain. Available 24/7 to eligible professional investors.