flâneur

Binance Labs Invests in OpenEden to drive the growth of tokenized real-world assets in DeFi | Binance Blog

binance.com · 701 words · saved by 1 readers

Binance Labs has invested in OpenEden, whose focus is in building the bridge to a new financial system through its real-world assets (“RWA”) tokenization platform. Binance Labs provides unwavering support to projects that are unlocking the next wave of value and opportunities in Web3 through meaningful and sustainable technologies. Binance Labs, the venture capital and incubation arm of Binance, has invested in OpenEden, a real-world assets ("RWA") tokenization investment platform building the bridge to a new financial system. OpenEden as a group consists of a Monetary Authority of Singapore-licensed fund management company and a full-stack tokenization technology company. OpenEden’s tokenized U.S. T-Bill Fund (“TBILL”) is the first and only tokenized T-Bill product to receive an “A” rating from Moody’s, and is the largest of its kind outside the US. OpenEden’s mission is to bring trillions of dollars in real-world yields on-chain. They believe internet-native money will make RWAs acce

Main Takeaways: Binance Labs has invested in OpenEden, whose focus is in building the bridge to a new financial system through its real-world assets (“RWA”) tokenization platform. Binance Labs provides unwavering support to projects that are unlocking the next wave of value and opportunities in Web3 through meaningful and sustainable technologies. Binance Labs, the venture capital and incubation arm of Binance, has invested in OpenEden, a real-world assets ("RWA") tokenization investment platform building the bridge to a new financial system. OpenEden as a group consists of a Monetary…

related reading