BNY Mellon to manage OpenEden’s tokenized T-Bill fund

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The Bank of New York Mellon Corporation (BNY) will take over investment management and custody services for OpenEden’s Tokenized US Treasury Bills Fund, TBILL. It confirmed the news on X, saying , “The integration of OpenEden’s tokenization platform with BNY’s investment expertise and asset servicing capabilities marks a significant milestone in the evolution of RWAs, reinforcing our commitment to jointly support the end-to-end lifecycle of tokenized assets.” Dreyfus will serve as sub-manager fo...