Moody's Ratings has granted an "A-bf" bond fund rating to Hill Lights International Limited, the issuer of OpenEden's innovative tokenized United States Treasury bills (TBILL Tokens). This prestigious rating reflects the fund's strong creditworthiness and its robust capability to achieve financial goals, positioning it as a secure investment avenue. While slightly below the highest AAA rating, the "A-bf" rating underscores the reliability and stability of investments backed by U.S. Treasury bills, which are backed by the full faith and credit of the U.S. government.

OpenEden’s TBILL Tokens are designed to offer institutional investors a seamless way to access U.S. Treasurys through blockchain technology. Currently, the fund has attracted over $36 million in value, offering an attractive estimated annual return of 4.99% with a minimal transaction fee of 0.05%. This platform enables investors to bypass traditional constraints such as trading hours and geographical limitations, enhancing liquidity and accessibility.

The concept of tokenization, converting rights to assets into digital tokens on a blockchain, has gained significant traction in the financial industry. Moody's previous evaluations of tokenized bonds from institutions like the European Investment Bank (EIB) highlight their commitment to assessing and endorsing blockchain-based financial instruments for their security and efficiency.

The tokenization of U.S. Treasurys has marked a significant milestone, surpassing $1.5 billion in value. This growth has been spurred by prominent financial players such as BlackRock and Franklin Templeton, both of which have introduced innovative products like BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) and Franklin Templeton’s OnChain U.S. Government Money Fund (FOBXX) on various blockchain platforms including Stellar and Polygon. These initiatives have reshaped the landscape of digital asset management, offering enhanced transparency and efficiency to institutional investors.

In April, Woo X Exchange made headlines by launching the world's first tokenized T-bills for retail customers. This pioneering move allows retail investors to earn yield on their holdings of USD Coin (USDC) backed by U.S. Treasury bills, democratizing access to secure and stable investments previously accessible only to institutional players.

Moody's "A-bf" rating for OpenEden’s TBILL Tokens signifies a growing confidence in blockchain-based financial solutions and their potential to redefine traditional investment strategies. As blockchain technology continues to evolve, it is expected to foster greater innovation and inclusivity within the financial markets, offering new opportunities for investors globally.