OpenEden has partnered with BNY Investments, a subsidiary of BNY Mellon, to introduce HYBOND, a tokenized version of its global short-duration high-yield bond fund. The product, which is deployed on the Ethereum network, initially targets select institutional clients, with a broader rollout to institutional investors planned by the end of April 2026. HYBOND leverages BNY Investments' global short-duration high-yield bond strategy, marking a significant step in the tokenization of real-world assets.