Partnership Overview
Client
OpenEden
Platform
RWA Tokenization / DeFi
Service
Comprehensive Security Partnership
TVL
~$200M
FailSafe is proud to announce a security partnership with OpenEden, reflecting a shared commitment to raising the bar for safety, resilience, and trust in on-chain finance.
About OpenEden
OpenEden is a regulated real-world asset (RWA) tokenization platform focused on bringing traditional financial products like U.S. Treasury bills and yield-bearing stablecoins on-chain, making institutional-grade, highly liquid cash management solutions accessible via blockchain while maintaining compliance and transparency.
It supports products such as TBILL, a tokenized Treasury bill fund, and USDO, a yield-bearing stablecoin, and currently has close to $200M in total value locked (TVL) across these assets on its platform.
Engagement Scope
As part of this engagement, FailSafe is working closely with the OpenEden team to deliver a comprehensive infrastructure and operational security review. This spans core areas of their platform, including application architecture, API surfaces, administrative systems, and broader cloud infrastructure.
Partnership Scope
The collaboration includes:
Deep Infrastructure and Security Assessments
Comprehensive review of application architecture, cloud infrastructure, and administrative systems to identify and remediate security gaps.
Penetration Testing Across Critical Environments
Rigorous testing of API surfaces, web applications, and backend systems to uncover vulnerabilities before malicious actors can exploit them.
Smart Contract Security Review
In-depth analysis of on-chain contracts powering TBILL, USDO, and related tokenization infrastructure to ensure secure asset handling.
Ongoing Incident Response Support
Real-time security advisory and incident response capabilities to ensure rapid reaction to emerging threats and vulnerabilities.
Confidential Partnership
These efforts represent OpenEden's continued investment in long-term security readiness and proactive defence as they scale real-world asset tokenization. Detailed findings and specific vulnerabilities identified during this engagement remain confidential in accordance with OpenEden's security requirements.
Security Expertise
FailSafe's security work is led by seasoned experts with decades of experience in applied cryptography and cybersecurity, bringing rigorous technical standards into every engagement.
Our Shared Belief
Together, FailSafe and OpenEden share a simple belief: security is not a one-time milestone, but an ongoing partnership that underpins sustainable innovation in Web3.
We're excited to support OpenEden as they continue to build with trust, resilience, and user protection at the core.
Interested in a Security Partnership?
If you're building RWA platforms, DeFi protocols, or other blockchain infrastructure and need comprehensive security coverage, our team can share more about our approach and how we've helped projects like OpenEden secure their platforms.
Contact Our Security TeamReady to Secure Your Platform?
Get in touch with our security experts for comprehensive security partnerships.
Contact Us