$MFT
Fading QuicklySnapshot Window: 2026-08-16 16:20 UTC ยท โ Back to Crypto Overview
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
OpenEden closes strategic funding round backed by Ripple, BNY Mellon custodian, $531M+ TVL already live on XRPL.Follows Ripple's earlier $10M TBILL allocation.
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AI visual note: A news headline announces "OpenEden secures funding from Ripple and institutional investors to scale Treasury tokenization platform," detailing a funding round backed by Ripple, Lightspeed Faction, Gate Ventures, FalconX, Anchorage Digital Ventures, Flowdesk, P2 Ventures, Selini Capital, Kaia Foundation, and Sigma Capital to expand its tokenized US Treasury offerings TBILL and USDO, with BNY Mellon appointed as custodian. The post reinforces this by highlighting Ripple's strategic backing, BNY Mellon's custodial role, $531M+ TVL already on the XRP Ledger, and Ripple's prior $10M TBILL allocation.