TechOpenEden brings BNY Investments’ tokenized HYBOND fund to BNB Chain
Crypto.news reports that the fund gives investors onchain access to BNY’s high-yield bond strategy, with RedStone supplying pricing data for decentralized finance applications.
TLDR
Crypto.news reports that OpenEden has brought BNY Investments’ tokenized bond fund, HYBOND, to BNB Chain. The outlet says this gives investors onchain access to BNY’s high-yield bond strategy. RedStone provides onchain net asset value (NAV) data so decentralized finance protocols can use the fund’s pricing information for trading, lending and other applications, according to the report.
Combined views
2.1K
1 Source, first seen 9h ago
OpenEden brings BNY Investments’ tokenized HYBOND fund to BNB Chain
Crypto.news reports that the fund gives investors onchain access to BNY’s high-yield bond strategy, with RedStone supplying pricing data for decentralized finance applications.
TLDR
Crypto.news reports that OpenEden has brought BNY Investments’ tokenized bond fund, HYBOND, to BNB Chain. The outlet says this gives investors onchain access to BNY’s high-yield bond strategy. RedStone provides onchain net asset value (NAV) data so decentralized finance protocols can use the fund’s pricing information for trading, lending and other applications, according to the report.