Binance Labs Invests in OpenEden to Drive Growth of Tokenized Real-World Assets in DeFi

According to a Binance Blog post on September 12, Binance Labs, the venture capital and incubation arm of Binance, has made a strategic investment in OpenEden, a platform focused on real-world asset (RWA) tokenization. OpenEden aims to bridge traditional finance and DeFi by making tokenized financial products like U.S. Treasury Bills accessible to on-chain investors.OpenEden's U.S. T-Bill Fund, the first of its kind to receive an “A” rating from Moody's, has already achieved over $100 million in Total Value Locked (TVL). The platform enables KYC-ed investors, DAOs, and crypto treasury managers to mint TBILL tokens, allowing them to earn yield on stablecoins through a self-custodial wallet system.With Binance Labs’ funding, OpenEden plans to expand its RWA-backed products across the DeFi ecosystem, aiming to enhance operational efficiency and boost yields for token holders while introducing new products and partnerships globally.