Ripple partners with OpenEden Labs to bring tokenized U.S. treasury securities (T-bills) to the XRP ledger

According to an official press release published on August 1, RippleX, the development arm of Ripple, is partnering with OpenEden Labs to bring tokenized U.S. treasury securities (T-bills) to the XRP ledger (XRPL). OpenEden Labs is a tokenized platform and announced the launch of its TBILL token, which is backed by short-term U.S. treasury securities and reverse repurchase agreements backed by U.S. Treasury bonds.