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OpenEden and Ceffu Launch Institutional Yield Collateral

OpenEden and Ceffu Launch Institutional Yield Collateral

Source: theblock.co7/16/2025

OpenEden, a platform for tokenizing real-world assets (RWA), has collaborated with Ceffu to introduce cUSDO, the first yield-bearing collateral available on Ceffu's off-exchange platform, MirrorRSV. This innovation allows institutional clients to use cUSDO as off-exchange collateral for margin trading on Binance, ensuring their assets remain secured in Ceffu’s segregated custody. This integration enhances capital efficiency while maintaining security and liquidity access. Institutions can store cUSDO in Ceffu’s cold storage, receiving a 1:1 mirrored asset, cUSDOX, credited to their Portfolio Margin account on Binance. This enables margin trading without having to withdraw the assets from custody. What sets cUSDO apart is that it continues to generate yield while stored safely. The yield comes from a collection of reserve assets, including tokenized U.S. Treasury funds and OpenEden's Moody’s-rated TBILL Fund. Jeremy Ng, Founder of OpenEden, commented, "Our partnership with Ceffu brings much-needed innovation to institutional trading. With cUSDO, institutions can earn yield on collateral stored in off-exchange custody while maintaining full access to margin trading. This mirrors traditional financial markets and seeks to boost institutional participation in digital asset investments." Ian Loh, CEO of Ceffu, added, "The integration of yield-bearing collateral signifies a major transformation in how institutions can enhance their digital asset strategies. Together with OpenEden, we’ve created a solution that seamlessly connects traditional finance with the digital asset realm, fostering faster institutional adoption." cUSDO is a wrapped version of USDO, a regulated yield-bearing stablecoin from OpenEden Digital, licensed under Bermuda’s Digital Asset Business Act (DABA). USDO is fully backed by tokenized U.S. Treasuries, with reserves publicly verified. While yield-generating stablecoins and tokenized treasuries have been investigated within Decentralized Finance (DeFi), their implementation in institutional trading remains nascent. As institutions prioritize risk management and capital efficiency, this development signifies progress toward integrating DeFi innovation into traditional workflows.

FAQ

  • What is cUSDO?

    cUSDO is a yield-bearing digital asset used as collateral for margin trading, launched by OpenEden in partnership with Ceffu.

  • How does cUSDO benefit institutions?

    cUSDO allows institutions to earn yield on their collateral while it is securely stored, enhancing capital efficiency.

  • What is the significance of the partnership between OpenEden and Ceffu?

    This partnership combines traditional finance with digital assets, facilitating greater institutional engagement in digital asset investments.