French fintech company Spiko has deployed its tokenized U.S. and European Union T-Bills money market fund on Arbitrum One to bring institutional-grade investment assets to the L2 blockchain, which is regulated by the European Commission's Collective Investment Scheme for Transferable Securities (UCITS). Two UCITS-compliant investment vehicles with tokenized shares are USTBL and EUTBL.
OpenEden officially announced that its tokenized U.S. debt TVL exceeded $100 million. Previously, OpenEden introduced tokenized U.S. debt to XRP Ledger and received $10 million from Ripple.
On August 26th, according to OpenEden's official blog, its tokenized US Treasury bond total lock-up (TVL) has exceeded $100 million, making it the largest Treasury bond tokenization platform in Asia and Europe. Last month, OpenEden's TVL just exceeded $75 million.