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TRX $0.3274 -1.32%
DOGE $0.0718 -1.22%
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BCH $215.09 -0.06%
LINK $8.58 -0.32%
HYPE $56.81 -3.72%
AAVE $99.57 +2.43%
SUI $0.6998 -2.25%
XLM $0.1758 -2.19%
ZEC $486.08 -1.89%

Binance Labs announces investment in RWA tokenization platform OpenEden

2024-09-12 22:06:01
Collection

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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