In just three weeks since launching, the OpenEden TBILL Vault has exceeded $10 million in total value locked! This milestone highlights the appeal of real-world assets in DeFi — and the need for secure cash management solutions in a crypto-native wrapper.
As the first smart contract vault for U.S. Treasury Bills, the OpenEden TBILL Vault provides on-chain exposure and 24/7 instant liquidity to the U.S. risk-free rate via OpenEden’s TBILL token.
The Vault was designed as the ideal cash management solution for the following users:
- Web3 start-ups can hedge their stablecoin exposure and extend the runway on their treasury funds, to make every dollar count in the bear market.
- Crypto funds can hedge their stablecoin exposure and earn stable returns on their dry powder while staying nimble with their investment strategies, thanks to the Vault’s 24/7 instant liquidity.
- DAOs can increase their transparency and accountability to stakeholders by keeping funds on-chain and in self-custody, with higher returns and capital efficiency than DeFi lending.
Get started today with the OpenEden TBILL Vault!
Further information:
About OpenEden
OpenEden is building the bridge to a new financial system. Our mission is to bring real-world assets on-chain to unlock trillions of dollars in value. We believe that internet-native money and decentralisation will open up access to real-world assets for everyone on a global scale, creating a more inclusive, permissionless, and free-flowing economy. Hill Lights International Ltd, the TBILL token issuer, is a professional fund established under the British Virgin Islands Securities and Investment Business Act 2010.
Disclaimer: The information presented above is not intended to solicit you to purchase any financial product(s) directly from us. TBILL tokens are not offered by us or any affiliated entity of ours directly to the public, and will only be offered to “Professional Investors” and “Accredited Investors” in non-restricted jurisdictions.
