Coin

<ul class="news-points">
 <li>OpenEden moves to tokenize US Treasury bills on the XRP Ledger.</li>
 <li>Ripple invests $10 million in OpenEden’s tokenized T-bills.</li>
 <li>XRPL enhances its position in real-world asset tokenization.</li>
</ul>
As a significant milestone for the XRP Ledger (XRPL), the tokenization platform OpenEden has introduced tokenized U.S. Treasury bills (T-bills), or TBILL tokens, on the XRPL.
Ripple announced this development via <a href="https://ripple.com/ripple-press/openeden-introduces-tokenized-us-treasury-bills-onto-the-xrp-ledger/" target="_blank" rel="noopener noreferrer nofollow">an official press statement</a> today, noting it is a significant step towards integrating traditional financial assets with blockchain technology.
The tokenized T-bills, short-term U.S. government debt obligations backed by the Department of the Treasury, will be available on the <a href="https://coinedition.com/xrp-ledger-a-new-frontier-for-precious-metals-tokenization/" rel="noopener noreferrer nofollow">XRPL</a>. OpenEden’s TBILL tokens are backed by investments in short-dated U.S. T-bills and reverse repurchase agreements collateralized by U.S. Treasuries. To ensure security and regulatory compliance, OpenEden mandates stringent know-your-customer (KYC) and anti-money laundering (AML) screening for all participants.
Ripple, a leader in enterprise blockchain and crypto solutions, has committed $10 million to OpenEden’s TBILL tokens. This investment is part of Ripple’s broader strategy of all…
The post <a href="https://coinedition.com/xrp-ledger-welcomes-openedens-tokenized-us-treasury-bills-ripple-invests-10m/" rel="noopener noreferrer nofollow">XRP Ledger Welcomes OpenEden’s Tokenized US Treasury Bills; Ripple Invests $10M</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

XRP Ledger Welcomes OpenEden’s Tokenized US Treasury Bills; Ripple Invests $10M

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