cUSDO, a yield-bearing digital asset, can be used as off-exchange collateral via Ceffu’s MirrorRSV for margin trading on Binance.
OpenEden, a real-world asset (RWA) tokenization platform, has partnered with Ceffu to launch cUSDO as the first yield-bearing collateral accepted on MirrorRSV, Ceffu’s off-exchange settlement platform. This allows institutional clients to use cUSDO as off-exchange collateral for margin trading on Binance, while keeping their assets secured in Ceffu’s segregated custody. The integration aims to enhance capital efficiency without compromising security or access to liquidity.
Through the integration, institutions can store cUSDO in Ceffu’s cold storage, and a 1:1 mirrored asset, cUSDOX, will be issued by Binance to their Portfolio Margin account. This allows institutions to execute margin trading without requiring the asset to be taken out of custody.
Unlike traditional margin collateral, the underlying cUSDO continues to generate yield while held in storage. The yield is derived from reserve assets composed of tokenized U.S. Treasury funds, including OpenEden’s Moody’s-rated TBILL Fund.
"OpenEden’s partnership with Ceffu delivers a much sought-after innovation to institutional trading,” said Jeremy Ng, Founder of OpenEden. “With cUSDO as the first yield-bearing collateral on MirrorRSV, institutions can earn yield on collateral assets held in off-exchange custody while retaining full margin trading access on the exchange. This structure mirrors traditional financial markets and is designed to accelerate institutional participation in digital asset investments."
"The integration of yield-bearing collateral represents a fundamental shift in how institutions can optimize their digital asset strategies," said Ian Loh, CEO of Ceffu. "Together with OpenEden, we have built a solution that bridges the gap between traditional finance and the digital asset ecosystem. It's exactly the kind of innovation that will accelerate institutional adoption of digital assets."
cUSDO is the wrapped version of USDO, a regulated yield-bearing stablecoin issued by OpenEden Digital. The token issuer is licensed under Bermuda’s Digital Asset Business Act (DABA) and operates under regulatory oversight. USDO is fully backed by tokenized U.S. Treasuries, and its reserves are publicly disclosed and independently verified.
Yield-generating stablecoins and tokenized treasuries have been widely explored in DeFi, but their adoption within institutional trading environments is still in its early stages. As institutions place greater emphasis on risk mitigation and capital efficiency, this development marks a step toward bridging DeFi-native innovation with more traditional institutional workflows.
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About OpenEden
OpenEden operates a leading real-world asset (RWA) tokenization platform, renowned for its unmatched focus on regulatory standards and advanced financial technology. Founded in 2022, OpenEden bridges traditional and decentralized finance by providing, through its regulated entities in the BVI and Bermuda, secure, transparent, and compliant on-chain access to tokenized RWA. OpenEden is redefining financial access through tokenization with a core focus on compliance and innovation. To learn more, visit www.openeden.com.
About Ceffu
Ceffu is a compliant, institutional-grade custody platform offering custody and liquidity solutions that are ISO 27001 & 27701 certified and SOC2 Type 1 & Type 2 attested. Our multi-party computation (MPC) technology, combined with a customizable multi-approval scheme, provides bespoke solutions for safely storing and managing digital assets.