OpenEden Expands BNY High-Yield Bond Fund HYBOND to BNB Chain

Real asset tokenization platform OpenEden (EDEN) has announced that it will expand its HYBOND fund, which invests in BNY Investments' global short-term high-yield bond strategy, to the BNB Chain, according to CryptoBriefing. HYBOND is pegged 1:1 to its underlying assets, with Oracle project Redstone (RED) providing the fund's net asset value (NAV) on-chain.