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Innovative RWA platform CycleX cooperates with listed company bond fund product CFOF, with fixed yield of 7% -9%

Innovative RWA platform CycleX cooperates with listed company bond fund product CFOF, with fixed yield of 7% -9%

Odaily2024/07/19 07:03
By:Odaily
Odaily News CycleX Fund One Fund (CFOF) is a tokenized fund issued by CycleX. The fund type is perpetual bonds with an initial fundraising amount of US$10 million. A total of 10,000 fund shares were issued, with an initial net value (NAV) of US$1,000 per share. Income model: fixed yield of 7-9%, floating yield of 30%, and APY yield of approximately 100%. The bond has a good income structure and income potential, and makes asset trading and management more transparent and efficient. Through smart contracts, investors can view and manage their investment portfolios in real time, reducing intermediary costs and risks. This product is CyeleXs official exploration and attempt to enter the tokenization products of listed companies, marking the beginning of the large-scale tokenization of listed companies. The related cooperation information of this product will be announced through the relevant stock exchanges on a selected date.
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