OpenEden, a real-world asset (RWA) tokenization platform, has partnered with BNY Mellon to manage and custody the assets backing its Moody's "A"-rated tokenized US Treasury fund, TBILL. This collaboration aims to bring regulated, institutional-grade assets on-chain for global investors, marking a milestone in the tokenization of RWAs. The RWA tokenization market has reached $10 billion in 2025, driven primarily by real estate and bond assets moving on-chain, facilitating continuous global finance. Additionally, KuCoin is exploring the use of RWA tokens, such as RYT, as collateral within its Off-Exchange Settlement system, supported by tokenized products from ChinaAMC USD Digital Money Market. Meanwhile, R3 has developed the largest enterprise blockchain network in traditional finance, securing over $15 billion in tokenized RWAs, and is now integrating this regulated ecosystem with Solana to enhance efficiency and openness in decentralized finance. Furthermore, the $TRWA token has recently achieved a new all-time high, with Tharwa Bonds now live on the mainnet, indicating growing momentum in the RWA token space.