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BingX features OpenEden platform enabling Treasury yield with RWA stablecoins
BingX announced the addition of information about OpenEden, a platform that enables users to gain exposure to U.S. Treasury yields through tokenized real-world assets and yield-bearing stablecoins available on its trading platform.
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The BingX Learn article presents OpenEden (EDEN) as a regulated platform that tokenizes short-term U.S. Treasuries, allowing users to access yield-bearing assets directly on-chain. Products highlighted include TBILL, a token backed by U.S. Treasury Bills; USDO, a stablecoin collateralized by TBILL with daily yield distribution; and cUSDO, a non-rebasing wrapped version of USDO that accrues yield through price changes. The EDEN token is introduced as the ecosystem's governance and utility token. The announcement also notes that these tokenized assets can be traded on BingX’s spot market.
BingX is a cryptocurrency exchange established in 2018, offering spot market trading, conversion, grid trading, and both standard and perpetual futures on a wide range of coins including Bitcoin, ETH, USDT, XRP, DOGE, and BNB. The platform features a social trading option with transparent ratings for passive income, a user-friendly mobile app based on TradingView, and customer support available 24/7 via email and live chat. For more details about BingX’s features and trading conditions, see the broker profile on Traders Union.
In our previous BingX update on Traders Union, we reported on regulated U.S. bitcoin derivatives like BlackRock's IBIT options surpassing offshore markets in open interest, marking a shift toward mainstream institutional crypto adoption. Read more in the previous BingX update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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