OpenEden Closes Strategic Round from Ripple, Anchorage Digital, and More to Grow Regulated RWA Infrastructure and Offerings

OpenEden has closed a new strategic investment round backed by a broad mix of institutional crypto and fintech players, including Ripple, Lightspeed Faction, Gate Ventures, FalconX, Anchorage Digital Ventures, Flowdesk, P2 Ventures, Selini Capital, Kaia Foundation, and Sigma Capital. This marks one of the most diverse investor lineups seen in the RWA sector this year.

This strategic investment round follows OpenEden’s earlier fundraising with Yzi Labs in 2024 and will accelerate the expansion of OpenEden’s end-to-end tokenization-as-a-service platform, designed to help institutions, fintechs, and DeFi protocols issue and manage regulated tokenized financial products.

RWA Momentum and Institutional-Grade Architecture

Tokenized RWAs and tokenized Treasuries have seen record demand in 2025, with both markets doubling year-to-date. OpenEden’s CEO, Jeremy Ng, said this broader trend mirrors the company’s growth trajectory:

“As tokenization scales in adoption, institutions and protocols are seeking trusted, compliant infrastructure to bring traditional assets on-chain. This funding round boosts our capacity to provide regulated, market-ready products that fit both traditional and decentralized finance standards.”

OpenEden’s TBILL Fund, one of the earliest tokenized U.S. Treasury funds, has been a key driver of adoption. TBILL has grown more than 10x in under two years and recently secured investment-grade ratings of ‘AA+f/S1+’ from S&P Global, and ‘A’ from Moody’s. Earlier this year, The Bank of New York was appointed as custodian and investment manager of the fund’s underlying Treasuries, strengthening its institutional profile.

“As regulated financial assets move onchain, institutional investors are looking for products that offer compliance, reliability, and the same controls they expect in traditional markets,” said Markus Infanger, SVP of RippleX. “OpenEden has shown a disciplined approach to how they operate, and we are pleased to support their growth as assets like tokenized T-bills emerge as practical ways for institutions to begin engaging with onchain markets.”

USDO and the Rise of Regulated Yield-Bearing Stablecoins

OpenEden’s stablecoin, USDO, has also seen rapid adoption. Fully backed by tokenized U.S. Treasuries, USDO operates under a Bermuda digital asset license, making it one of the most regulated yield-bearing stablecoins in the market.

USDO and its wrapped version, cUSDO, are now integrated across DEXs, lending markets, yield platforms, infrastructure providers, and crypto-fiat payment gateways. Notably, cUSDO became the first yield-bearing digital asset approved as off-exchange collateral on Binance. This integration allows institutions to earn yield while holding collateral in custody and still retaining trading access on the exchange.

“RWAs are gaining strong institutional interest, and OpenEden is building the kind of platform the market needs right now,” said Nathan McCauley, Co-Founder and CEO of Anchorage Digital. “We’re excited to support projects like OpenEden that are driving the onchain ecosystem forward and creating pathways for more institutions to participate.”

What’s Next: Tokenized Funds, Structured Products, and Global Stablecoin Expansion

With fresh capital secured, OpenEden plans to scale several key initiatives:

• A tokenized Short-Duration Global High-Yield Bond Fund in collaboration with a major global asset manager
• A multi-strategy yield token combining DeFi and traditional income sources
• A suite of tokenized structured products that replicate traditional payoff profiles on-chain
• A deeper integration of USDO into consumer and institutional payment networks
• A multi-currency stablecoin framework, including Asia-focused sovereign-backed stablecoins
• A cross-border stablecoin settlement network linking tokenized RWAs with global financial rails

These developments support OpenEden’s broader mission to build compliant, composable tokenization infrastructure for institutions and builders worldwide.