Velo Protocol, Lightnet, and OpenEden Form Joint Venture to Launch Treasury-as-a-Service and ASEAN Settlement Network

Velo Protocol and Lightnet Group today announced the next phase of their joint venture relationship with OpenEden, a leading provider of tokenized U.S. Treasury Bills (TBILL). Together, the three parties are advancing beyond foundational reserves to deliver a full-suite Treasury-as-a-Service (TaaS) platform and a regional settlement network designed to power stablecoin issuance, cross-border payments, and institutional-grade...