Photo: Bitvavo
OpenEden is a new crypto project that brings traditional financial products like U.S. Treasury bonds to the blockchain. The concept is straightforward: many investors want to grow their wealth safely, but there are few reliable and liquid options available within the crypto space.
The associated EDEN token is now available on Bitvavo, the Netherlands’ largest cryptocurrency exchange.
OpenEden Brings Safe, Real-World Assets to the Blockchain #
OpenEden addresses the lack of safe options by tokenizing real, regulated assets and making them available on-chain. This means converting a tangible product into a digital token and placing it on the blockchain, allowing anyone 24/7 access without intermediaries.
OpenEden’s flagship product is the TBILL token. This token is fully collateralized by short-term U.S. Treasury bonds managed by BNY Mellon, one of the world’s largest financial institutions.
The TBILL token provides holders with direct exposure to these government bonds and a small cash position in dollars, while simultaneously offering the benefits of blockchain, such as transparency and direct access.
In addition to TBILL, OpenEden also offers USDO. This is a stablecoin that always maintains a value of one dollar, but its balance increases slightly each day. This allows you to earn yield without any price changes. The yield is generated from safe investments like U.S. Treasury bonds, which are managed by OpenEden.
With this, OpenEden taps into one of the fastest-growing trends in crypto: Real-World Assets (RWA). By tokenizing real assets, enormous capital flows can be traded efficiently and securely on the blockchain.
EDEN Now on Bitvavo #
In this way, OpenEden is changing how we use crypto. With tokenized real-world assets, investors can earn returns on traditional, safe products without having to entrust their funds to a third party.