OpenEden and BNY Mellon Partner for Custody of Moody's A-Rated Treasury Fund TBILL
BNY Mellon will manage and custody assets for the tokenized US Treasury fund TBILL, reflecting growing institutional interest in digital asset tokenization.
Summary
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Terms & Concepts
RWA Tokenization: The process of converting real-world assets into digital tokens on a blockchain.
Custody: A service that securely holds and manages digital assets on behalf of investors.