XRP News Today: Institutions Endorse Tokenized Treasuries as the Latest Benchmark for DeFi Yields

Ripple and Leading Investors Fuel OpenEden’s Growth in Tokenized Treasuries

OpenEden, a platform specializing in the tokenization of real-world assets, has secured fresh funding from Ripple and a consortium of prominent venture capital firms. The investment, which remains undisclosed in amount, is intended to accelerate the adoption and expansion of tokenized U.S. Treasury products. Notable backers in this round include Lightspeed Faction, Gate Ventures, FalconX, and Anchorage Digital Ventures, highlighting a surge in institutional interest for blockchain-based government debt instruments that offer stable yields within the digital asset space.

Building on previous fundraising efforts with YZi Labs in 2024, OpenEden plans to utilize the new capital to enhance its tokenization-as-a-service platform and develop additional offerings that bridge traditional finance with blockchain innovation.

Innovative Products and Institutional Partnerships

OpenEden’s flagship products include TBILL, a tokenized fund representing U.S. Treasuries, and USDO, a stablecoin that generates yield and is backed by these treasuries. Both assets are already accessible through decentralized exchanges and lending protocols. Additionally, USDO’s wrapped version, cUSDO, has been approved for use as collateral outside of exchanges on Binance. The company is also preparing to introduce tokenized bond exposure and structured yield solutions, further diversifying its suite of financial products.

To strengthen institutional confidence, OpenEden recently appointed The Bank of New York Mellon Corporation as the custodian and investment manager for the treasuries supporting TBILL. This move is designed to enhance operational transparency and trust for institutional participants.

Tokenized Money Market Funds on the Rise

The investment in OpenEden reflects a broader industry trend where tokenized money market funds are becoming a key source of yield in blockchain ecosystems. According to the Bank for International Settlements, assets in these funds soared to nearly $9 billion by the end of 2025, a significant increase from $770 million at the close of 2023. These digital funds offer returns similar to traditional money market products while providing enhanced safeguards compared to standard stablecoins. OpenEden’s tokenized treasuries have also earned investment-grade ratings from S&P Global and Moody’s, further validating their appeal to institutional investors.

Strategic Vision and Market Impact

Markus Infanger, Senior Vice President at RippleX, emphasized the importance of this partnership, noting that OpenEden’s rigorous approach to compliance and operations positions it as a bridge between conventional finance and decentralized platforms. He pointed out that as regulated assets transition onto blockchains, institutions are seeking solutions that combine the oversight of traditional markets with the efficiency of decentralized technology. OpenEden’s assets under management have increased tenfold over the past two years, underscoring the growing demand for tokenized U.S. Treasuries as a liquid, low-risk investment.

Broader Implications and Future Outlook

The diverse group of investors participating in this funding round—including trading firms and blockchain infrastructure providers—demonstrates strong confidence in OpenEden’s mission. Ripple’s involvement aligns with its broader goals of advancing cross-border payments and asset tokenization through the XRP Ledger. Meanwhile, BNY Mellon’s role as custodian helps reduce counterparty risk and supports institutional-grade operations on decentralized networks.

As tokenization becomes more widespread, OpenEden’s commitment to compliance and interoperability may set new standards for integrating real-world assets into decentralized finance. With a robust infrastructure and a pipeline of innovative products, the platform is poised to deliver transparent and liquid investment opportunities for both retail and institutional participants, solidifying the role of tokenized treasuries in the future of crypto and DeFi.