Official partnership announcements by OpenEden Labs

Moody's Awards 'A' Rating to First Investment-Grade Tokenized U.S. Treasury Bills by OpenEden Labs

Jun 19, 2024, 01:52 PM

The global credit rating agency, Moody's, has awarded an 'A' rating to the licensed fund that issues OpenEden Labs' tokenized U.S. Treasury bills (TBILL). This milestone makes the TBILL token the first tokenized U.S. T-Bill product globally to receive an investment-grade credit rating from a leading global credit rating agency. The achievement has been celebrated by various stakeholders, including Finblox and HedgehogDotApp, who view this as a significant validation for the Real World Assets (RWA) sector. The TBILL product is now accessible via Finblox.