what's OpenEden TBILL?

OpenEden TBILL is a tokenized representation of a regulated fund that invests in short-dated U.S. Treasury Bills (T-Bills), providing on-chain exposure to U.S. risk-free yields. The TBILL Fund is managed by a registered fund management company under the Monetary Authority of Singapore, with assets held by tier-one custodians. TBILL tokens are issued to accredited investors after KYC/AML screening, with transfers restricted to whitelisted wallets for compliance. The TBILL Vault enables 24/7 minting and redemption of TBILL tokens against the underlying portfolio, which includes T-Bills, USDC, and USD for liquidity. NAV is published daily by an independent administrator, with monthly statements and annual audits (e.g., by Ernst & Young). Rated AA+ by S&P, it emphasizes transparency via on-chain transactions and serves as an institutional-grade RWA product.

TBILL Fund is managed by BNY Mellon and backs the USDO stablecoin as underlying collateral.