OpenEden and BNY Investments Launch Tokenized Product HYBOND on Ethereum

Odaily News OpenEden announced a collaboration with BNY Investments, a subsidiary of BNY Mellon, to launch HYBOND, a tokenized product that brings its Global Short-Dated High-Yield Bond Fund on-chain. Initially, this product will be available to select institutional clients, with plans to fully open to institutional investors by the end of April 2026. It is currently deployed on the Ethereum network, with future expansion planned for multi-chain ecosystems including XRP Ledger and BNB Chain.