Wu said that Binance Labs announced an investment in OpenEden to support its development in the decentralized finance (DeFi) field through a real-world asset (RWA) tokenization platform. OpenEden's U.S. Treasury tokenization fund TBILL is the first such product to receive a Moody's "A" rating and has accumulated more than $100 million in total locked value (TVL). This financing will help OpenEden expand RWA support revenue in the DeFi ecosystem and further accelerate the adoption of stablecoins and RWAs by launching new products and establishing channel partnerships.