Why openeden Is Trending Today?

Bank of New York Mellon (BNY) has been selected as the custodian for OpenEden's recently launched tokenized US Treasury Bills fund. This collaboration marks a significant step in the integration of blockchain technology and traditional finance, with OpenEden leveraging BNY's expertise in custody services to secure its digital asset offerings.

BNY Mellon has been selected by OpenEden to manage and custody a tokenized US Treasury fund, specifically focusing on tokenized T-Bills. This strategic partnership marks a significant step for OpenEden in the realm of tokenized assets, with BNY Mellon acting as the investment manager and custodian for the fund.