Institutional Treasury Yield Products (TBILL & PRISM)

OpenEden provides institutional-grade tokenized treasury yield products designed for professional investors and DeFi protocols seeking stable, compliant yield generation. The platform offers two distinct strategies to meet varying risk-return requirements.

TBILL - Tokenized U.S. Treasury Fund

TBILL is a tokenized U.S. Treasury fund rated "AA+" by S&P Global and "A" by Moody's, representing a breakthrough in real-world asset tokenization. The fund is managed by BNY Investments and operates as a regulated Professional Fund under the British Virgin Islands Securities and Investment Business Act 2010, regulated by the BVI Financial Services Commission (BVIFSC).

Key Features

• Fully backed by U.S. Treasury Bills with $82.27M Total Value Locked
• 3.37% 7-day yield (as of March 2026)
• Multi-chain availability across Ethereum, Arbitrum, XRPL, and Solana
• Daily Net Asset Value (NAV) reporting with monthly client statements
• Independent operational audit by Ernst & Young
• Smart contract audits by Hacken and Verichains
• Institutional service providers: BNY Mellon, KPMG, Coinbase, Circle, LSEG, and Elliptic

TBILL serves as a hedge against stablecoin de-peg risk while providing institutional-grade yield on crypto holdings with full regulatory oversight and professional fund management.

PRISM - Multi-Strategy Yield Portfolio

PRISM is a regulated multi-strategy yield portfolio offering institutional-grade risk management and diversified return generation. Actively managed by Monarq Asset Management (a FalconX subsidiary), PRISM delivers optimal risk-adjusted returns through a sophisticated blend of DeFi investment strategies.

Key Features

• Target yield: 6% to 10% APR through multi-strategy approach
• Professional management by Monarq's institutional-grade portfolio team
• Proprietary multi-layered risk management framework
• Real-time transparency dashboard powered by Accountable
• $5.11M in circulation with $5.13M in reserves
• Integration with leading DeFi protocols: Euler, Napier Finance, Pendle, Spectra
• Chainlink price feeds and data infrastructure
• Currently available on Ethereum

PRISM provides institutional investors access to professionally managed, diversified DeFi yield exposure without the complexity of managing multiple positions.

Regulatory Compliance

Both products are issued by entities with robust regulatory oversight. TBILL operates under BVI regulation, while PRISM is issued by OpenEden Digital Limited, a Bermuda-licensed digital asset business regulated by the Bermuda Monetary Authority (BMA) under license #202403468.

Target Customers

These products serve Professional Investors as defined under applicable regulations, institutional clients, DeFi protocols, DAOs with treasury management needs, and qualified investors meeting jurisdictional eligibility requirements. All customers must complete KYC/AML clearance and agree to offering documentation.