IXS Finance launches tokenized high-yield bond vault on Avalanche based on BlackRock ETF
- —Minimum deposit of $100 in USDC, access via the IXHYB token
- —Backed by BlackRock's SHYG ETF, with an average yield of about 10.59% over 6 months
- —Withdrawal fee of 50 bps, processed within one business day
- —Early depositors before September 21 will receive a share of a 500,000 IXS pool
Why it matters: Tokenization is moving from government bonds to riskier credit, testing DeFi infrastructure's readiness for complex credit products.
Source: Crypto Briefing