Beyond T-bills: OpenEden introduces tokenized high-yield corporate bond

The product further expands the tokenized real-world asset market beyond cash-equivalent and treasury strategies, which currently dominate the sector. What to know : OpenEden has launched HYBOND, the first tokenized product tied to BNY Investments' Global Short-Dated High-Yield Bond strategy, giving qualified investors exposure to a managed portfolio of corporate bonds. The product further expands the tokenized real-world asset market beyond cash-equivalent and treasury strategies, which currently dominate the sector. HYBOND is issued by OpenEden Digital Limited, a Bermuda-regulated entity, while BNY Investments manages the underlying bond portfolio, building on their previous collaboration on a tokenized U.S. Treasury bill produc(Coindesk)