OpenEden's TBILL fund, managed by The Bank of New York, has been awarded an 'AA+' credit quality rating and an 'S1+' volatility rating by S&P Global, marking a significant milestone for tokenized U.S. Treasury funds. This achievement follows an 'A' rating from Moody's, making it the first tokenized Treasury fund to receive dual ratings from both major credit rating agencies. The ratings underscore the fund's strong repayment capacity and low market sensitivity, providing institutional-grade assurance with the benefits of blockchain transparency and efficiency. Supported by BNY Mellon, the world's largest custodian, the TBILL fund has experienced substantial growth, with its total value locked (TVL) increasing over 1,000 times since 2023, reaching $26 million as of September 2025. This development highlights the growing acceptance and trust in tokenized financial products.