Convert OpenEden TBILL TBILL to TRVL (Dtravel) TRVL

The OpenEden TBILL Vault is a smart-contract vault for U.S. Treasury Bills. Investing into the TBILL Vault provides exposure to the U.S. risk-free rate on-chain. The TBILL token is a prospectus-based token backed by short-term U.S. Treasury Bills. It is an EIP-20-compliant representation of stablecoin balances supplied to the OpenEden TBILL Vault. By depositing USDC and minting TBILL tokens, an investor will have legal rights to the redemption value of all the assets (Treasury Bills, USDC, and fiat USD) held within the Vault, proportional to the amount of TBILL tokens the investor holds relative to the total outstanding supply of TBILL tokens. The TBILL token is issued by Hill Lights International (“HLI”), a professional fund established under the British Virgin Island Securities and Investment Business Act 2010. The underlying portfolio of Treasury Bills are held by HLI via a bankruptcy-remote and wholly-owned special purpose vehicle, OpenEden Cayman Limited (“OCL”), with segregated accounts in regulated and qualified custodians. OpenEden Pte Ltd (“OEPL”), the investment manager of OCL, is a registered fund management company regulated by the Monetary Authority of Singapore under the Jurisdiction of the Republic of Singapore, and is responsible for managing the Treasury Bills portfolio. A small portion of underlying assets are held in USDC and fiat USD for liquidity purposes. TBILL tokens are currently only available to Accredited Investors from U.S. and non-U.S. jurisdictions who are required to undergo mandatory KYC and AML screening during the subscription process. Transfers of TBILL tokens are only restricted to the whitelisted wallets of Accredited Investors.

TRVL is the utility token of Dtravel, an ecosystem empowering ownership in travel. Dtravel is solving the biggest challenges holding back the travel industry which include trust, reputation, distribution, connectivity and direct bookings. Each challenge is addressed through three core products - Dtravel Direct, Dtravel Protocol and the Travel Profile. TRVL provides community members, travellers, and travel businesses the ability to participate in the ecosystem of products in various ways. In addition to being a payment option, performance reward, community currency and governance token, holding TRVL will unlock new products and features that enhance the experience within the Dtravel ecosystem while empowering ownership in the future of travel. Visit our website to learn more about how Dtravel is creating a more rewarding travel experience for everyone.