Ripple partners with OpenEden to tokenize US Treasury Bills on XRP Ledger, investing $10M.

Ripple is partnering with OpenEden to tokenize US Treasury Bills on its XRP Ledger, attracting more institutional investors. Ripple will invest $10 million in OpenEden's TBILL tokens as part of its strategy to tokenize financial assets. Tokenized T-bills provide enhanced accessibility and efficiency, demonstrating how traditional finance assets can be integrated into blockchain systems.

August 01, 2024
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