Pendle Adds Tokenized High-Yield Bond ETF FLHYon from Franklin Templeton
Photo: TheCoinrise
The asset manager's fixed-income fund now trades yield directly on the Pendle protocol under the FLHYon ticker. Franklin Templeton has launched a tokenized high-yield bond ETF on Pendle under the ticker FLHYon, according to reports from CryptoBriefing, Coinfomania, and The Cryptonomist. The listing connects a regulated fixed-income product to a decentralized protocol built specifically for trading future yield. Pendle is a decentralized finance platform that lets users split assets into separate principal and yield components. Traders can then buy, sell, or hedge the yield portion independently of the underlying token.
Source: TheCoinrise
