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Moody's Ratings

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

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.
2024-06-20
Moody's Ratings
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