According to Odaily, tokenization platform OpenEden has announced the introduction of tokenized US Treasury Bills (T-bills) to the XRP Ledger (XRPL). OpenEden's TBILL tokens are invested in short-term US Treasury Bills and reverse repurchase agreements, ensuring the highest level of security and regulatory compliance. Ripple will allocate $10 million to invest in OpenEden's TBILL tokens as part of a larger fund. Markus Infanger, Senior Vice President of RippleX, stated that this move demonstrates new opportunities for the tokenization of real-world assets, reinforcing XRPL's position as a leading blockchain.

OpenEden recently surpassed a total locked value (TVL) of $75 million in tokenized US Treasury Bills and received an investment-grade 'A' rating from Moody's. Jeremy Ng, co-founder of OpenEden, mentioned that users will be able to mint TBILL tokens using stablecoins, including the upcoming Ripple USD. Additionally, Ripple announced a partnership with Archax to bring more tokenized real-world assets to the XRPL.