OpenEden Selects BNY to Provide Investment Management and Custody Services for its Tokenized U.S. Treasury Bills ($TBILL) Fund
August 21 2025
OpenEden, a leading platform for the tokenization of Real-World Assets (“RWAs”), today announced the appointment of certain affiliates of The Bank of New York Mellon Corporation (“BNY”) (NYSE: BK), a global financial services company, as investment manager and primary custodian for the underlying assets of its flagship Tokenized U.S. Treasury Bills (“$TBILL”) Fund, the world’s first tokenized U.S. Treasury fund to receive an investment grade “A” rating from Moody’s. The strategic relationship highlights OpenEden and BNY’s shared commitment to shaping the future of financial infrastructure by facilitating regulated and institutional-grade assets on chain for global investors.