HiYield is Bringing OnFi Infrastructure to Avalanche
As institutions rush to experiment with On-chain Finance, HiYield is bringing critical infrastructure for on-chain capital markets to the Avalanche ecosystem.
In this new paradigm, HiYield plans to be the foundation layer for on-chain capital markets through HiYield's Offerings and Lending Market. Offerings will include a wide range of government bonds, corporate bonds, asset-backed securities, and private credit deals. The Lending Market will enable users to leverage against these assets, bringing more utility to OnFi assets.
The inception of HiYield was motivated by the lack of infrastructure for OnFi assets. Currently, on-chain investors can only buy and hold their fixed-income investments because these assets lack utility on-chain. HiYield solves this through its custom-built protocol with flexible parameters ideal for managing fixed-income collateral.
The integration of HiYield's services with Avalanche is a natural fit due to the ecosystem’s strong commitment to On-chain Finance. “Avalanche has been pushing the envelope of OnFi with various initiatives, such as Avalanche Vista, Avalanche Evergreen, and published research, and we are thrilled to collaborate with them for HiYield.” - Scott Smiley, HiYield’s Co-Founder
Recently, Avalanche made multiple announcements of financial institutions leveraging its platform to make progress in finance on-chain: JP Morgan, Wisdomtree, and Citi. Given the increasing interest in On-chain Finance from these institutions, we have a strong conviction that On-chain Finance will go through a Cambrian Explosion phase soon, and we plan to be at the right place at the right time along with Avalanche to facilitate the adoption of On-chain Finance.
HiYield's integration with Avalanche is scheduled to go live in early December and will begin by offering global access to competitive Treasury bills and lending rates, without requiring a large minimum investment. As a U.S.-operated and regulated entity, HiYield offers a flexible legal framework that enhances both investor protection and access. Connect with HiYield to learn more and to stay current on new developments in real-time.
Listen in on Avalanche's recent panel discussion, featuring HiYield's Co-Founder Scott Smiley, on how both crypto-natives and financial institutions are “Unlocking the Future of On-Chain Cash Management”