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TRX $0.3342 -0.39%
DOGE $0.0903 -0.46%
ADA $0.2201 -1.41%
BCH $257.66 -1.20%
LINK $12.72 -3.54%
HYPE $85.09 -3.23%
AAVE $131.90 -3.34%
SUI $0.8164 +0.90%
XLM $0.1933 +3.56%
ZEC $1,136.05 -7.45%

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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