HIGH tokenized U.S. high-yield credit fund by Ember Protocol launches on Sui and Ethereum with daily subscriptions, BNY Mellon custody, and 1% yield boost.
DeFi & Yields ·
Ember Protocol has launched HIGH, a tokenized fund tracking U.S. high-yield corporate debt and bank loans, on both Sui and Ethereum with daily subscription capability and BNY Mellon as custodian. The actively managed portfolio, overseen by Neuberger Berman's Non-Investment Grade Credit team, excludes fund-level leverage and CLO equity while offering a time-limited 1% yield incentive for initial depositors. On Sui, holding rules are embedded directly in the asset; the fund's collateral integrates with lending protocols including Suilend, Navi, and AlphaFi, with spot trading available on Bluefin.