Zoth, a DeFi yield infrastructure company, has successfully extended its funding to $4 million in a strategic round. This investment will support the launch of Zoth’s Tokenized Liquid Note, which includes secure, low-risk assets such as U.S. Treasury Bills (T-Bills) and top-rated corporate bonds. The funding round attracted prominent investors including Taisu Ventures, G20, Fat […]
Ripple, a provider of enterprise blockchain and crypto solutions, has partnered with OpenEden, a tokenization platform, to introduce tokenized U.S. Treasury bills (T-bills) on the XRP Ledger. This initiative makes short-term U.S. government debt available in tokenized form on the blockchain. Ripple will invest $10 million into OpenEden’s TBILL tokens through a newly created fund. […]
The global credit rating agency, Moody’s Ratings, has awarded an “A-bf” bond fund rating to Hill Lights International Limited – the regulated fund that issues OpenEden’s tokenized U.S. T-bills. The rating places OpenEden’s TBILL tokens within the “investment-grade” quality category. According to Moody’s Ratings and Symbols Definitions: “Money Market Funds and Bond Funds rated A … are judged to […]
