OpenEden Closes Strategic Funding as RWA Market Surges; Ripple and Anchorage Digital Ventures Among Backers
OpenEden secured strategic funding from investors including Ripple and Anchorage Digital Ventures to expand its compliant RWA tokenization platform.Summary
OpenEden has successfully closed a new strategic investment round, backed by prominent entities such as Ripple, Lightspeed Faction, and Anchorage Digital Ventures, to scale its tokenization-as-a-service platform amid surging institutional demand for compliant, yield-bearing on-chain assets.
The funding will support the expansion of its infrastructure designed for institutions to issue and manage regulated real-world asset (RWA) products. This milestone coincides with the RWA market, particularly tokenized U.S. Treasuries, doubling year-to-date. OpenEden's flagship TBILL Fund has seen assets under management grow tenfold and secured high credit ratings, with The Bank of New York acting as custodian and investment manager.
Future plans include launching new tokenized funds, structured products, and expanding its regulated stablecoin, USDO, globally. Investors like Ripple and Anchorage Digital Ventures emphasized their support for OpenEden's disciplined, regulatory-first approach as RWAs move toward mainstream finance.
(Source：CryptoSlate)