Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund
HYBONDProject Safety Score: 15%
Updated 12 hours, 19 minutes agoMechanics
Distribution
& Market
Behavioral
Credibility
HYBOND is a tokenized bond fund issued by OpenEden Digital Limited, a Bermuda entity licensed by the Bermuda Monetary Authority under the Digital Asset Business Act.
The token provides on-chain exposure to BNY Investments' Global Short-Dated High Yield Bond Fund, an actively managed portfolio of short-dated, higher-yielding corporate bonds.
HYBOND is issued as an ERC-20 token on Ethereum and BNB Chain, with each token tracking the underlying fund's daily net asset value.
Eligible investors subscribe and redeem using USDC through OpenEden's application.
Access is permissioned, meaning wallets must complete KYC verification and be whitelisted before they can hold, receive, or transfer the token.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
