OpenEden, a regulated real-world asset (RWA) tokenization platform, has closed a strategic investment round backed by a global consortium including Ripple, Lightspeed Faction, Gate Ventures, FalconX, Anchorage Digital Ventures, Flowdesk, P2 Ventures, Selini Capital, Kaia Foundation, and Sigma Capital. This funding, following a 2024 round with Yzi Labs, will support the expansion of its end-to-end tokenization-as-a-service infrastructure, enabling institutions, fintechs, and protocols to issue and manage regulated tokenized financial products.
The investment highlights growing institutional conviction in RWA tokenization, a segment that saw tokenized RWAs and Treasuries double in market size in 2025. OpenEden's flagship TBILL Fund—a tokenized U.S. Treasuries product—has grown its peak assets under management (AUM) more than tenfold in under two years, backed by an investment-grade 'AA+f/S1+' rating from S&P Global and an 'A' rating from Moody's, with The Bank of New York (BNY) serving as custodian and investment manager.
This institutional foundation has driven adoption of USDO, OpenEden's regulated, yield-bearing stablecoin fully backed by tokenized Treasuries. USDO is integrated across major decentralized exchanges (DEXs), lending markets, yield protocols, and payment gateways. Its wrapped variant, cUSDO, became the first yield-bearing digital asset approved as off-exchange collateral on Binance, allowing institutional users to earn yield while trading.
With the new capital, OpenEden plans to accelerate the rollout of institutional-grade tokenized products, including a tokenized Short-Duration Global High-Yield Bond Fund developed with a leading global asset manager, a multi-strategy delta-neutral yield token, and tokenized structured products. Additionally, the company will expand USDO's integration into consumer and institutional payment networks, such as a major Asian messaging app with over 250 million users, and build a multi-currency stablecoin framework with a cross-border settlement network in partnership with a regulated fintech provider.
Jeremy Ng, Founder and CEO of OpenEden, stated, "As tokenization scales in adoption, institutions and protocols are seeking trusted, compliant infrastructure to bring traditional assets on-chain." Investors like Markus Infanger of RippleX and Nathan McCauley of Anchorage Digital emphasized OpenEden's focus on compliance and institutional trust, positioning it as a key player in bridging traditional and decentralized finance.
