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EX.IO Adds OpenEden’s Tokenized Bond Funds to RWA Marketplace

EX.IO has listed OpenEden’s TokenizedBNY High-yield Bond Fund (HYBOND) on its real-world asset (RWA) marketplace, giving professional investors access to a tokenized version of a traditional bond fund as competition grows among crypto platforms to expand regulated investment products.

HYBOND offers tokenized exposure to the BNY Mellon Global Short-Dated High Yield Bond Fund. Each token is backed one-to-one by shares of the underlying fund, which is managed by BNY Investments. The product is designed to provide institutional-grade fixed-income exposure while allowing investors to access it through blockchain technology.

New product expands RWA marketplace

EX.IO said the listing strengthens its regulated RWA marketplace and adds another investment option for professional investors looking for blockchain-based financial products.

The company said it remains the only virtual asset trading platform accepted into Hong Kong’s Office for Attracting Strategic Enterprises (OASES) programme. It added that the inclusion of HYBOND supports its goal of connecting traditional finance with Web3 through regulated tokenized assets.\

The launch also gives investors access to other tokenized products available through the platform, including funds, bonds and other real-world assets issued on blockchain networks.

Why do exchanges keep adding tokenized assets?

Crypto exchanges are no longer competing only on the number of digital tokens they list. More platforms are adding tokenized versions of bonds, money market funds and other traditional financial products as they look to attract institutional investors.

Exchanges such as Gate.io, Kraken and Binance have steadily grown their investment offerings beyond cryptocurrencies, while platforms including EX.IO are focusing on regulated real-world assets. A larger product range helps exchanges attract new clients, increase trading activity and generate additional revenue from investors seeking regulated investment products.

The competition has also increased as asset managers bring more traditional financial products onto blockchain networks. Companies including BlackRock, Franklin Templeton and BNY Mellon have backed projects linked to tokenized assets, giving exchanges more opportunities to list products aimed at professional investors.

As tokenized finance continues to grow, exchanges are increasingly competing to become a platform where investors can trade cryptocurrencies alongside regulated versions of bonds, funds and other traditional financial assets. This strategy could help exchanges build stronger relationships with institutional clients while expanding beyond the highly competitive crypto trading market.

 

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