BlockBeats News, October 15th, according to The Block, OpenEden’s TBILL fund managed by a New York bank has been awarded an 「AA+f」 fund credit quality rating and an 「S1+」 fund volatility rating by Standard & Poor’s Global Ratings, the highest rating under the Standard & Poor’s credit quality and stability system.
This latest recognition is built on the foundation of the TBILL fund’s previous Moody’s 「A」 rating, making it the first tokenized U.S. Treasury bond fund to receive dual ratings from the world’s two largest credit rating agencies. This milestone not only enhances confidence in OpenEden’s product design but also showcases the growing legitimacy of Real World Asset (RWA) tokenization in the institutional finance sector.
