Ripple, major VCs back RWA platform OpenEden to scale tokenized Treasurys
OpenEden has raised an undisclosed round backed by Ripple and major institutions to expand tokenized US Treasurys.
Real-world asset (RWA) tokenization platform OpenEden has closed an investment round backed by major trading firms, venture capital funds, blockchain networks and institutional infrastructure providers to scale tokenized US Treasurys.
The round follows OpenEden’s 2024 raise with YZi Labs and comes as tokenized versions of short-dated government debt have become one of crypto’s fastest-growing niches in 2025, the company said in a Tuesday news release.
“As tokenization scales in adoption, institutions and protocols are seeking trusted, compliant infrastructure to bring traditional assets on-chain,” said Jeremy Ng, founder and CEO of OpenEden.
