Paul Johnson Ripple and leading venture capital firms back OpenEden to expand its real world asset platform, accelerating adoption of tokenized Treasurys and yield stablecoins in 2025.
Ripple Backs OpenEden to Expand Tokenized Treasurys
Ripple has joined an elite group of institutional investors backing OpenEden, a fast-growing real world asset platform focused on tokenized Treasurys. The investment marks another strong signal that the tokenization of government debt is becoming one of the most promising frontiers in decentralized finance. OpenEden’s latest funding round, though undisclosed in size, includes major players such as Lightspeed Faction, Gate Ventures, FalconX, Anchorage Digital Ventures, Flowdesk, and several leading capital funds.
The support from Ripple underscores how rapidly the real world asset tokenization ecosystem is maturing. With institutional credibility and regulatory-grade infrastructure, OpenEden is setting out to merge the stability of US Treasurys with the accessibility of blockchain technology.
OpenEden Targets Institutional Expansion in RWA Market
OpenEden plans to channel this capital into scaling its tokenization-as-a-service model and introducing innovative products that connect traditional finance with decentralized markets. The company’s strategy is centered on two flagship offerings: TBILL, a tokenized US Treasury fund, and USDO, a yield-bearing stablecoin fully backed by short-term Treasurys.
The platform’s founder and CEO, Jeremy Ng, emphasized that the new funding enhances OpenEden’s capacity to deliver compliant, market-ready financial instruments suited for both institutional and on-chain investors. The company’s wrapped stablecoin version, cUSDO, has already been integrated into multiple decentralized lending markets and was approved earlier this year as off-exchange collateral on Binance, allowing traders to leverage it for margin positions.
This advancement cements OpenEden’s position among the pioneers driving the real world asset movement toward broader adoption. With its infrastructure designed for transparency and compliance, the firm aims to become a bridge between established institutions and blockchain-native finance.
Tokenized Treasurys Emerge as DeFi’s New Yield Engine
The rise of tokenized Treasurys has transformed the yield landscape across digital markets. As traditional yields outperform many DeFi products, investors are turning to tokenized government bonds to access secure and transparent returns directly on-chain. According to the Bank for International Settlements, assets in tokenized money market funds have surged to nearly nine billion dollars in 2025 from less than one billion at the end of 2023.
This exponential growth reflects a shifting narrative in decentralized finance, where safety, liquidity, and compliance are becoming as important as innovation. Platforms like OpenEden are leading that shift by offering tokenized Treasurys that meet institutional-grade standards while remaining accessible to decentralized protocols.
The company’s partnership with the Bank of New York Mellon as custodian for its Treasury-backed TBILL product further adds a layer of credibility. BNY Mellon’s oversight, combined with investment-grade ratings from S&P Global and Moody’s, demonstrates how real world asset tokenization is moving from experimentation to enterprise adoption.
Ripple’s Strategic Role in Shaping the Tokenization Future
For Ripple, this investment is part of a broader strategy to support blockchain infrastructure that connects fiat, stablecoins, and tokenized assets. Ripple’s participation in OpenEden’s round shows a continued focus on enterprise-grade tokenization a vision that aligns with its own push for real world asset integration through the XRP Ledger ecosystem.
As regulatory clarity improves and institutional players seek compliant blockchain exposure, OpenEden’s technology could become a blueprint for large-scale asset tokenization. Its model offers the efficiency of DeFi with the trust and auditability required by major investors and financial firms.
By combining Ripple’s global reach with OpenEden’s expertise in tokenized Treasurys, the collaboration is set to accelerate the convergence between traditional finance and decentralized systems. This signals that 2025 could be the year tokenized Treasurys become mainstream in both yield strategies and institutional portfolios.
The Next Chapter for Real World Assets
As OpenEden continues expanding its ecosystem, the next wave of innovation will include tokenized bonds, multi-strategy yield tokens, and structured financial products that combine real world assets with on-chain flexibility. These offerings aim to deliver higher efficiency and greater transparency than traditional vehicles, enabling institutions and retail investors alike to participate in the new on-chain economy.
Ripple’s backing and the support from major venture capital firms put OpenEden at the forefront of this transformation. The company’s ability to bridge regulatory compliance with decentralized access could reshape how capital markets operate in the blockchain era.
The rise of tokenized Treasurys and yield-bearing stablecoins marks a significant step toward a financial system where real world assets move seamlessly across blockchain networks. As this momentum builds, OpenEden and its institutional partners are positioning themselves as key architects of the tokenized future one where the world’s safest assets are just a transaction away.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards.
