Bybit launches tokenized fixed-income products managed by PIMCO and CMB International.
CoinFeed reported on June 16th that, according to Cointelegraph, Bybit launched the RWA Earn platform, opening subscriptions to tokenized bond funds managed by PIMCO and CMB International (CMBI) to qualified users. The products are issued through the regulated Singapore and Hong Kong exchange DigiFT and utilize on-chain infrastructure provided by Plume. The listed products include the PIMCO Dynamic Income Opportunities Fund (PDO), which invests in diversified fixed-income assets, and the CMBI Investment Grade Bond Fund, which primarily invests in investment-grade credit in Asia and globally. Users can subscribe using USDC and are exempt from subscription, redemption, and on-chain transaction fees; however, the products do not guarantee principal or returns.