Global rating agency Moody's Ratings has awarded an A-bf bond fund rating to Hill Lights International Limited, a regulated fund that issues OpenEden tokenized US TBILL.
The rating places OpenEden's TBILL token in the investment-grade quality category. According to Moody's "Definition of Ratings and Symbols", money market funds and bond funds rated A are considered to have many favorable investment values, investment characteristics, and are mid-to-upper quality investment vehicles.
Moody's awards investment-grade "A-bf" rating to OpenEden's token bonds
2024-06-20 03:21:09
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