Former Gemini executives launch tokenized U.S. Treasury Bills (T-Bills) vault OpenEden

ChainCatcher news, according to The Block, former Head of Asia Pacific at Gemini, Jeremy Ng, and former Head of Business Development for Asia Pacific, Eugene Ng, have launched a new crypto startup called OpenEden to provide exposure to tokenized U.S. Treasury Bills (T-Bills).

OpenEden was established in early 2022 and today launched its first product. The product is called the OpenEden T-Bill Vault, designed to allow USDC stablecoin holders to mint TBILL tokens and earn yields. (source link)