Eligibility file · treasury fund
OpenEden TBILL
What the client owns
Issuer direct. The on-chain record is the securityholder file; the holder is the registered owner.
Who may hold it
US accredited investors. First purchase $100,000.
Who can freeze or claw back
OpenEden KYC manager and fund administrator (on-chain whitelist is the holder register): allowlist · clawback · mint · upgrade on Ethereum.
How it exits
Redeem with the issuer in its window. FIFO queue, typically the next U.S. business day, at NAV less fees, 5 bps fee. Settles in USDC.
Research and shelf status are on the memo: OpenEden TBILL Shelf eligible
Who may buy, hold, transfer, and redeem
The issuer’s own terms, restated. Where the documents say nothing, the row says so.
| Question | The issuer’s terms |
|---|---|
| US persons | Permitted |
| Investor status | US accredited investors |
| Account types | individual, entity |
| First purchase minimum | $100,000 |
| Who onboards the holder | issuer |
| Voting rights | None |
| Distributions | reinvested |
| SIPC coverage of the wallet | No |
Who can change the record
Powers read from the deployed contract and its verified source, not from marketing copy. A power recorded here is the issuer’s ability, not evidence it has been used.
| Chain | Allowlist | Freeze | Pause | Clawback | Mint authority | Upgradeable |
|---|---|---|---|---|---|---|
| Ethereum | Yes | No | No | Yes | Yes | |
| Arbitrum | Yes | No | No | Yes | Yes |
- onchain:0xdd50c053c096cb04a3e3362e2b622529ec5f2e8a#kycManager()=0x51be497aced1a2c19f6151064301e356b020d947@26036541 · read 2026-09-22
- onchain:0xdd50c053c096cb04a3e3362e2b622529ec5f2e8a#owner()=0x8ec4dd2df01c188ac5a5d870029e9cbb820d5844@26036541 · read 2026-09-22
- onchain:0xdd50c053c096cb04a3e3362e2b622529ec5f2e8a#eip1967.implementation=0xc4545bf80f935894cbe138d86b506923dab7c048@26036541 · read 2026-09-22
- abi:sourcify:1:0xc4545bf80f935894cbe138d86b506923dab7c048#burnFrom · read 2026-09-22
- abi:sourcify:1:0xc4545bf80f935894cbe138d86b506923dab7c048#reIssue · read 2026-09-22
- abi:sourcify:1:0xc4545bf80f935894cbe138d86b506923dab7c048#kycManager · read 2026-09-22
- abi:sourcify:1:0xc4545bf80f935894cbe138d86b506923dab7c048#upgradeTo · read 2026-09-22
- onchain:0xf84d28a8d28292842dd73d1c5f99476a80b6666a#kycManager()=0x0d7690baa1008c8d3c5dae9d5033ff846738bafb@507883644 · read 2026-09-22
- onchain:0xf84d28a8d28292842dd73d1c5f99476a80b6666a#eip1967.implementation=0x78365404fc5edabef6eca2f6b2f1ba1471727a07@507883644 · read 2026-09-22
- abi:sourcify:42161:0x78365404fc5edabef6eca2f6b2f1ba1471727a07#burnFrom · read 2026-09-22
- abi:sourcify:42161:0x78365404fc5edabef6eca2f6b2f1ba1471727a07#reIssue · read 2026-09-22
On-chain and ABI evidence
Where it trades
| Venue | Kind |
|---|---|
| OpenEden subscription and redemption | issuer primary |
No Tokenized Securities Venue lists this token. Secondary trading, if any, is outside the exemption.
How it exits
| Path | Cutoff | Settlement | Minimum | Fee | Settles in |
|---|---|---|---|---|---|
| Redeem with the issuer in its window | FIFO queue, typically the next U.S. business day, at NAV less fees | $1 | 5 bps | USDC |
- The KYC manager, owner, controller, or implementation address changes on any deployed chain
- OpenEden publishes the XRPL, BSC, or Solana contract identities from its own documentation; those chains are then read and added
- The first-subscription minimum, the accredited-investor gate, or the redemption path changes in the issuer’s documents
- A missed eligible redemption, an unexplained NAV deficit, or a contract exploit
Reopen conditions: events that change an answer above
What the monitor reads daily
Every control function in the table above, the token’s price against its stated NAV, and on-chain supply. A change reopens the file before any client action.
Sources
- OpenEden Docs — TBILL structure and investor claim · primary · accessed 2026-09-22
Supports: BVI professional fund, Treasury bill portfolio, transfer restrictions - OpenEden Docs — investor eligibility and onboarding · primary · accessed 2026-09-22
Supports: U.S. Accredited Investor, BVI Professional Investor, KYC and KYT, wallet whitelist - OpenEden Docs — TBILL FAQ and minimum subscription · primary · accessed 2026-09-22
Supports: $100,000 first subscription, 5 basis-point transaction fee - OpenEden Docs — TBILL redemptions · primary · accessed 2026-09-22
Supports: FIFO queue, next-business-day processing, NAV at processing - TBILL implementation on Ethereum (Sourcify exact match) · primary · accessed 2026-09-22
Supports: kycManager, burnFrom, reIssue, mintTo, upgradeTo