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ETH $1,878.95 -0.33%
BNB $605.78 -0.55%
XRP $0.9989 -0.98%
SOL $74.98 -1.43%
TRX $0.3326 -0.32%
DOGE $0.0697 -0.61%
ADA $0.1795 -1.03%
BCH $202.98 -1.52%
LINK $8.96 +1.76%
HYPE $55.65 -3.24%
AAVE $86.33 -1.49%
SUI $0.6787 -1.02%
XLM $0.1589 -0.47%
ZEC $492.24 +1.55%

Moody's assigns an investment-grade "A-bf" rating to OpenEden's token bonds

2024-06-20 11:14:23

ChainCatcher news, the global credit rating agency Moody's Ratings has granted an investment-grade "A-bf" rating to OpenEden's tokenized bonds.

This rating places OpenEden's TBILL token in the "investment-grade" quality category. According to Moody's "Rating Symbols and Definitions," "money market funds and bond funds rated A are considered to have many favorable investment values and characteristics, making them medium to high-quality investment instruments."

Additionally, OpenEden is the world's first and only tokenized U.S. T-Bill product to receive a credit rating.

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