Today, Pharos Network announced the launch of the pRNH Vault. Developed by the R25 protocol, this product opens up on-chain access to high-yield corporate bonds
- Pharos Network has launched the pRNH Vault, enabling on-chain access to U.S. high-yield corporate bonds through a partnership with New York Life Investments and Anemoy, utilizing Centrifuge's tokenization technology.
- The pRNH Vault aims for a $100 million target size with an approximate 7% annualized yield, offering investors indirect exposure to a diversified portfolio of corporate bonds with no mandatory lock-up period.
- This launch signifies a move beyond stablecoins and Treasuries into more complex credit assets, highlighting Pharos's vision for a 'value discovery layer' integrating real-world finance with AI agents and programmable on-chain functionalities.
Topics: Asset types, Infrastructure providers, Integration with defi, Bond, Tokenization platforms, Rwa collateral lending
Tags: #pharosnetwork #prnhvault #highyieldcorporatebonds #r25protocol #tokenization #newyorklifeinvestments #anemoy #centrifuge #onchain #institutionaladoption
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