According to OpenEden, HYBOND provides tokenized access to BNY Investments’ Global Short-Dated High-Yield Bond Fund for select institutions first, with broader institutional availability planned by late April 2026.
OpenEden officially launched HYBOND, a tokenized product tied to BNY Investments’ Global Short-Dated High-Yield Bond Fund. According to the company’s official announcement, the product is initially available to select institutional clients and is expected to open to all institutional investors by late April 2026. HYBOND is deployed on Ethereum, with planned expansion to XRP Ledger and BNB Chain, adding new distribution rails for this real-world asset offering.