OpenEden's TBILL fund has received a "AA+" rating from S&P Global.

According to a report by The Block on October 15, Mars Finance states that the 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 S&P Global Ratings, which is the highest rating under S&P's credit quality and stability system. This latest recognition builds on the TBILL fund's previous “A” rating from Moody's, making it the first tokenized U.S. Treasury fund to receive dual ratings from the two major global credit rating agencies. This milestone not only enhances confidence in the design of OpenEden products but also highlights the increasing legitimacy of tokenized real-world assets (RWA) in the institutional finance sector.

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