According to Odaily, Moody's Ratings has granted an 'A-bf' bond fund rating to Hill Lights International Limited, the compliant fund issuing OpenEden tokens representing US Treasury bonds. OpenEden is actively collaborating with more payment companies, DeFi protocols, crypto wallets, and other Web3 applications to expand the use of TBILL tokens.
In addition to this, OpenEden is also in the process of a new round of financing. The aim is to introduce on-chain earnings into more payment-centric use cases. The completion of this round of financing is planned for the coming months. The company's efforts to expand the use of TBILL tokens and its new financing round highlight its commitment to broadening the applications of its tokenized US Treasury bonds.