BNY Mellon Takes the Helm of OpenEden’s Tokenized T-Bill Fund

Bank of New York Mellon (BNY) has been appointed to manage investment and custody services for OpenEden’s Tokenized US Treasury Bills fund, TBILL. This marks a significant milestone in the evolution of regulated-asset tokenization, according to BNY’s announcement on X. The integration combines OpenEden’s tokenization platform with BNY’s extensive investment expertise and asset servicing capabilities.