The integration allows institutional clients to deposit cUSDO into Ceffu’s cold storage via MirrorRSV. A corresponding asset, cUSDOX, is issued by Binance to the client’s Portfolio Margin account in a 1:1 ratio, enabling trading activity without direct on-exchange asset exposure.
“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.”
USDO is fully backed by tokenized U.S. Treasuries, and its reserves are transparently disclosed and independently verified.
While yield-bearing stablecoins and tokenized treasuries are not new to DeFi, their integration into institutional trading workflows remains relatively new. But with increased attention on risk management and capital efficiency, this new integration can appeal to institutional trading firms seeking to reduce counterparty risk, and serve as a test case for how yield-generating instruments can operate within compliant, off-exchange frameworks.
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.
