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ETH $2,431.21 -2.84%
BNB $687.40 -3.58%
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SOL $103.47 -3.57%
TRX $0.3378 -0.65%
DOGE $0.0842 -4.25%
ADA $0.1998 -4.95%
BCH $245.09 -7.39%
LINK $11.30 -4.29%
HYPE $81.33 -2.19%
AAVE $121.38 -3.99%
SUI $0.7376 -3.58%
XLM $0.1770 -4.08%
ZEC $795.51 +0.20%

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

2024-06-20 11:14:23

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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