S&P Global’s ‘AA+’ Rating Cements OpenEden’s TBILL Fund as the Gold Standard for Tokenized Treasuries
PositiveCryptocurrency

OpenEden has achieved a significant milestone by receiving an 'AA+f' credit quality rating from S&P Global for its TBILL Fund, which is managed by BNY Mellon. This rating not only highlights the fund's high credit quality and stability but also marks a pivotal moment in the convergence of traditional finance and blockchain technology. As tokenized treasuries gain recognition, this development could pave the way for more innovative financial products and greater investor confidence in the blockchain space.
— Curated by the World Pulse Now AI Editorial System