Moody’s assigns investment-grade “A-bf” rating to OpenEden’s token bond
On June 20th, Moody's Ratings, a global credit rating agency, has assigned an A-bf bond fund rating to Hill Lights International Limited, a regulated fund that issues OpenEden tokenized US TBILL. This rating places OpenEden's TBILL tokens in the investment-grade quality category. According to Moody's "Ratings and Symbols Definitions", currency market funds and bond funds rated A are considered to have many favorable investment values and characteristics, and are upper-medium quality investment tools.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Is XRP Being Used for all US Federal Reserve Transactions? Fact Check
Thailand seizes 63 illegal crypto mining rigs that stole over $327k in electricity
Crypto Sniper Incurs $465K in Losses on $XZY Token within 1 Hour
Expert Says Holding Just 1,000 XRP Could Be the Best Financial Decision of Your Lifetime
Trending news
MoreCrypto prices
More
