The partnership between FalconX and OpenEden comes as institutional adoption of yield-bearing stablecoins and tokenised RWAs is rising.
Digital asset prime brokerage FalconX announced it will be supporting OpenEden’s USDO yield-bearing stablecoin, allowing institutional clients to access USDO across FalconX’s platform and use it as eligible collateral in transactions.
Eligible clients may pledge USDO as collateral and access USDC liquidity through FalconX’s lending desk, allowing them to earn US Treasury yields on idle capital while maintaining liquidity for trading
and financing activity.
“By integrating USDO into FalconX’s platform, institutional clients can access compliant US Treasury yields on idle assets without giving up liquidity, said Jeremy Ng, Founder and CEO of OpenEden. “It’s a meaningful step toward unlocking capital efficiency and bringing traditional yield opportunities on-chain in a regulated, transparent way.”
By integrating Treasury-backed yield directly into prime brokerage workflows, FalconX and OpenEden aim to advance a more capital-efficient model for institutional operations.
“USDO represents a growing category of yield-bearing stablecoins backed by real-world assets,” said Brandon Cigri, Head of Onchain Ecosystems at FalconX. “We’re pleased to support USDO on our platform and provide institutional clients with broader access, liquidity, and collateral flexibility across our trading and financing solutions.”
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