Question 1

Is JTRSY or TBILL more trustworthy?

Accepted Answer

JTRSY scores 53/100 (Limited) and TBILL scores 52/100 (Limited) on OnChain Benchmark's four-dimension quality rating; JTRSY rates higher overall.

Question 2

What is the difference between JTRSY and TBILL?

Accepted Answer

JTRSY is issued by Anemoy Capital — Institutional fund holding short-duration U.S. Treasury bills, managed by Anemoy and sub-advised by Janus Henderson.. TBILL is issued by OpenEden — Tokenized U.S. T-bill fund issued by OpenEden, rated Moody's A-bf and S&P AA+f, custodied by BNY.. Both are scored on the same four-dimension quality rating so they can be compared directly.

Question 3

How do JTRSY and TBILL compare across the four rating dimensions?

Accepted Answer

Disclosure quality: JTRSY 16/25, TBILL 7/25. Redemption liquidity: JTRSY 17/25, TBILL 17/25. Structural trust: JTRSY 15/25, TBILL 17/25. Holder concentration: JTRSY 8/25, TBILL 8/25.

JTRSY vs TBILL

JTRSY vs TBILL

Dimension (0–25)	JTRSY	TBILL
Disclosure quality	16	7
Redemption liquidity	17	17
Structural trust	15	17
Holder concentration	8	8
Composite (0–100)	53Limited	52Limited