Openeden introduces tokenized T-BILLS to XRP Ledger with $ 10 million investment from Ripple

• Openeden introduces T-Bills to XRP Ledger with Ripples 10 million dollar investment.
• tbill tokens are covered by US state bonds and require compliance with KYC and AML regulations.
• In August, tokens worth $ 1.5 billion are to be released, including $ 609 million XRP.

In a groundbreaking step for the interface between traditional finance (tradfi) and decentralized finance (Defi), opened, a well -known tokenization platform, introduced tokenized US Schatz change (T-BILLS) in the XRP Ledger (XRPL).

This initiative, which is supported by a considerable investment of $ 10 million from Ripple, marks an important milestone in the integration of real financial instruments into blockchain technology.

tbill token from Openeden

The TBill tokens of OpenEDEN are covered by short-term US state bonds and reverse pension business, which in turn are secured by US state bonds.

These tokens offer investors a safe and regulated way to access treasure change via a decentralized platform.

In order to ensure compliance with the regulatory standards, the preters of these token are subjected to strict know-your-customer (kyc) and anti-money laundering (aml) screening processes.

growing trend of institutional access to defi by tokenization of rwas

The introduction of tokenized T-Bills on XRPL and Ripple's strategic investment in Openeden mean great progress in the integration of traditional financial system into blockchain technology and pave the way for a greater institutional participation in decentralized finance.

The tokenized T-Bills on the XRPL underline the growing trend of institutional access to Defi, which is promoted by the tokenization of real assets (RWAS).

Markus Infanger, Senior Vice President of Ripplex, emphasized the importance of this development and explained that the tokenized T-Bills were an example of how RWAS are used to create new opportunities and increase the benefits within the financial ecosystem.

ripple has invested in Openeden

The Ripple's investment in Openeden is part of a more comprehensive strategy to support the tokenization of tradfi assets on the Xrpl.

XRPL is designed for the support of institutional financial applications and strengthens its role as a robust and decentralized layer 1 blockchain.

The commitment of Ripple for the initiative of Openeden underlines his belief in the potential of token -sized assets to change traditional financial system.

XRP token worth $ 609 million are unlocked in August

In addition to the introduction of tokenized treasure instructions, the crypto community also expects the release of a considerable amount of tokens in August.

TOKEN A total of $ 1.5 billion is to be released, including Ripples XRP token worth $ 609 million. In the past, Ripple has released 1 billion tokens every month since 2017.

However, there is signs that Ripple could block a significant part of this newly released token again, as the reversal of 800 million XRP has shown since the activation on June 1st.