DWF Labs Deposits 10 Million USDT in OpenEden for Risk Fee Income

COINOTAG shared a significant update as of September 29, noting that Andrei Grachev, co-founder of DWF Labs, announced via X: “DWFHFT has recently deposited 10 million USDT into OpenEden to pursue some risk fee income.” Earlier, on September 12, Binance Labs confirmed their investment in OpenEden, according to an official statement. OpenEden Group is uniquely positioned, encompassing a fund management firm licensed by the Monetary Authority of Singapore, along with a comprehensive tokenization technology company. Notably, OpenEden’s Tokenized U.S. Treasury Bond Fund (“TBILL”) stands out as the pioneering tokenized Treasury bond product awarded an “A” rating by Moody’s.