OpenEden Expands Tokenized Credit Fund HYBOND to BNB Chain

OpenEden has expanded its presence on BNB Chain by launching HYBOND, a tokenized credit fund. The move allows investors and developers to access high-yield bonds on the blockchain network. HYBOND provides 1:1 exposure to the Global Short Dated High Yield Bonds investment strategy of BNY Investments.

The launch marks the first instance that HYBOND has been made available outside of Ethereum, where it debuted in April 2026. The introduction of HYBOND on BNB Chain adds another distribution channel for the hybrid product, which offers a different risk/return profile to on-chain instruments.

Bond pricing infrastructure is provided by RedStone, and their oracle feed will be used to publish the fund's net asset value (NAV) on the blockchain. This move enables verifiable information about the value of assets, crucial for decentralized applications in DeFi systems.