OpenEden Launches Tokenized High-Yield Corporate Bond Product

OpenEden has introduced HYBOND, a tokenized investment linked to BNY Investments' high-yield bond strategy, expanding on-chain access to institutional-grade fixed income products. The offering provides exposure to short-dated corporate bonds within a regulated framework.

• OpenEden introduces HYBOND, a tokenized high-yield corporate bond product
• HYBOND provides 1:1 exposure to BNY Investments' short-dated corporate bond portfolio
• Tokenized real-world assets market has $27 billion in total, with $12 billion in U.S. Treasury debt
• HYBOND is issued by a Bermuda-regulated entity under the Digital Asset Business Act
• BNY Investments manages the underlying bonds but not the token itself
• BNY oversaw $2.2 trillion in assets under management as of 2025