Tokenized Treasury
TBILL
OpenEden TBILL FundOff-chain dependencySource attached
OpenEden's TBILL: a token the issuer says is backed 1:1 by short-dated US Treasury bills, with BNY named as investment manager and custodian.
- Backing claim
- OpenEden describes TBILL as backed 1:1 by short-dated US T-Bills plus a small US-dollar buffer, issued by a fund regulated by the BVI Financial Services Commission.
- Issuer
- OpenEden (BVI-regulated professional fund)
- Custodian or holder
- BNY is named as investment manager and custodian per the issuer and BNY's announcement.
- Redemption access
- Investors mint TBILL by depositing USDC and self-custody the token; subscription and redemption follow the fund's permissioned flow.
- Liquidity status
- Insufficient data
- Peg or NAV stress
- The fund publishes a transparency page; no live keyless NAV feed is connected in Bathymark.
What Bathymark can verify
- issuer identity
- official TBILL product and transparency pages
- named custodian and regulator
What it cannot verify
- current NAV
- current redemption queue
- live portfolio
- all holder rights