BNY Mellon übernimmt Verwaltung von OpenEdens tokenisiertem T-Bill-Fonds – Tradition trifft auf Blockchain

Der älteste Custodian der USA steigt ins Tokenization-Game ein – und bringt Schatzbriefe auf die Blockchain.

BNY Mellon, der 1789 gegründete Vermögensverwalter, übernimmt die Verwaltung von OpenEdens digitalem T-Bill-Fonds. Damit landet traditionelles Finanzblut in den Adern der DeFi-Welt.

Tokenisierte Schatzbriefe: Der langweiligste Vermögenswert wird disruptiv

OpenEden tokenisiert US-Treasuries – also jene Anleihen, die normalerweise nur Großanleger langweilen. Durch die Blockchain werden sie nun handelbar wie Memecoins (allerdings mit weniger Volatilität und mehr Regulierung).

Warum das wichtig ist: BNY Mellon verwaltet über 46 Billionen Dollar – wenn der Gigant auf Blockchain setzt, signalisiert das institutionelles Vertrauen. Auch wenn die Bank wahrscheinlich trotzdem noch Faxgeräte nutzt.

Die Zukunft? Traditionelle Anlagen werden flüssig, während Crypto-Anhänger endlich stabile Renditen sehen. Vielleicht lernen beide Seiten voneinander – oder streiten sich weiter über die ‚richtige‘ Art zu investieren.

Dreyfus will serve as sub-manager for the TBILL fund

According to OpenEden, $TBILL offers investors a way to gain exposure to a mix of short-dated U.S. Treasury Bills and overnight reverse repos through minting the TBILL token. It is also the first tokenized U.S. Treasury fund to achieve Moody’s investment-grade “A” rating. Normally, an “A” rating represents an upper-medium-grade quality asset with minimal credit risk and strong repayment capacity; conventionally, it means the fund is safe. 

OpenEden has partnered with BNY Mellon, one of Wall Street’s oldest and largest custodians, for the fund. Dreyfus, part of BNY Mellon’s investment management division, will act as sub-manager, while BNY will serve as the primary custodian of the fund’s underlying assets.

On their collaboration, Jeremy Ng, Founder and CEO of OpenEden, explained that it will help set a new standard for trust and ease of access in digital assets. On X,  OpenEden stated that its collaboration with BNY will “bring regulated, institutional-grade assets on-chain for global investors.”

Furthermore, BNY Mellon’s global head of investments and wealth, Jose Minaya, highlighted the bank’s intention to LINK traditional finance and evolving digital asset technology, adding that the partnership will help extend its liquidity management capabilities.

BNY Mellon has been actively involved in digital assets since 2022

BNY Mellon debuted its digital custody platform to secure Bitcoin and Ether for institutional clients in 2022. The platform now handles private key storage, fund access, and bookkeeping for additional assets. Before then, the bank had partnered with Circle to serve as the custodian for the USDC coin. It also worked with blockchain platform, Chainalysis, to provide traditional financial institutions with tools to track and analyze cryptocurrencies.

On April 3, BNY Mellon launched a digital asset data insights platform, providing comprehensive on-chain and off-chain data across multiple blockchain networks. In July, the bank teamed up with Goldman Sachs on a money market fund initiative, leveraging Goldman Sachs’ blockchain technology to maintain customer ownership records for select funds. Together, they will enable fund managers to process MMF subscriptions via BNY’s LiquidityDirect and Digital Asset platforms, with tokenized values tracked through GS DAP’s mirrored record system. The initial rollout will include BlackRock, BNY Investments Dreyfus, Federated Hermes, Fidelity Investments, and Goldman Sachs Asset Management.

Laide Majiyagbe, BNY’s Global Head of Liquidity, Financing, and Collateral, said the partnership reflects the bank’s commitment to building scalable, secure solutions shaping the future of finance. She emphasized that working with Goldman Sachs Digital Assets underscores BNY’s role as a trusted bridge between traditional finance and emerging technologies, helping clients confidently embrace innovation.

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