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BTC $76,702.70 -2.06%
ETH $2,108.17 -3.79%
BNB $642.53 -1.86%
XRP $1.38 -2.56%
SOL $84.76 -2.29%
TRX $0.3558 -0.15%
DOGE $0.1042 -5.83%
ADA $0.2501 -1.80%
BCH $376.93 -8.71%
LINK $9.47 -2.87%
HYPE $45.49 -2.03%
AAVE $88.49 -2.28%
SUI $1.04 -2.17%
XLM $0.1464 -3.35%
ZEC $554.36 +5.95%

Moody's assigns an investment-grade "A-bf" rating to OpenEden's token bonds

2024-06-20 11:14:23
Collection

ChainCatcher news, the global credit rating agency Moody's Ratings has granted an investment-grade "A-bf" rating to OpenEden's tokenized bonds.

This rating places OpenEden's TBILL token in the "investment-grade" quality category. According to Moody's "Rating Symbols and Definitions," "money market funds and bond funds rated A are considered to have many favorable investment values and characteristics, making them medium to high-quality investment instruments."

Additionally, OpenEden is the world's first and only tokenized U.S. T-Bill product to receive a credit rating.

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