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LINK $11.56 -2.41%
HYPE $79.77 -5.03%
AAVE $123.19 -1.62%
SUI $0.7400 -3.91%
XLM $0.1762 -2.35%
ZEC $1,095.57 -11.38%

Binance Labs announces investment in RWA tokenization platform OpenEden

2024-09-12 22:06:01

ChainCatcher news, according to official sources, Binance's venture capital and incubation department, Binance Labs, has invested in OpenEden, a tokenization investment platform focused on building bridges to new financial systems with real-world assets (RWA).

Last month, OpenEden announced that the total locked value (TVL) of its tokenized TBILL has exceeded $100 million. The platform allows KYC-verified investors, DAOs, and cryptocurrency financial managers to connect self-custody wallets and mint TBILL tokens, thereby earning stablecoin yields on idle operating funds.

Currently, OpenEden has attracted over 100 institutional clients.

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