TechFlow reports that on April 1, OpenEden announced a tokenized product named HYBOND, developed in collaboration with BNY Investments, a subsidiary of The Bank of New York Mellon. HYBOND represents OpenEden’s Global Short-Dated High-Yield Bond Fund. Initially, the product will be available to select institutional clients and is scheduled to open fully to institutional investors by the end of April 2026. It is currently deployed on the Ethereum network and will later expand to multi-chain ecosystems including the XRP Ledger and BNB Chain.
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