OpenEden has announced the upcoming launch of PRISM, a tokenized yield portfolio developed in collaboration with FalconX and Monarq, aimed at delivering stable, risk-adjusted returns with low correlation to broader crypto prices.
Scheduled to launch in February 2026, PRISM, short for Portfolio of Risk-adjusted Investment Strategy Mix, is built around a quantitative, multi-strategy portfolio actively managed by Monarq, FalconX’s quantitative asset management arm. The portfolio is designed to perform across market cycles by allocating capital based on market conditions.
According to OpenEden founder and CEO Jeremy Ng, PRISM reflects a broader shift in how on-chain investment products are being structured. “PRISM reflects how on-chain investment products are evolving toward more regulated and professionally managed offerings,” Ng said. “At OpenEden, our role is to provide partners with regulatory-compliant tokenization infrastructure that allows strategies like this to be accessed in a transparent and scalable format.”
PRISM draws yield from a diversified mix of strategies, including cash-and-carry arbitrage, overcollateralized institutional lending, participation in established DeFi yield venues, and exposure to regulated tokenized real-world assets such as U.S. Treasury–backed instruments. This diversification is intended to reduce reliance on a single source of yield.
Monarq Managing Partner Shiliang Tang highlighted the collaboration’s focus on structure and stability. “By combining Monarq’s sophisticated quantitative strategies and multi-layered risk management framework with OpenEden’s regulatory-compliant tokenization infrastructure, we are setting a new standard for transparency and stability in the digital asset space. This collaboration allows us to deliver a scalable, multi-strategy solution that scales across market cycles,” Tang said.
Yield generated by the portfolio is distributed through a staking mechanism. Users stake PRISM tokens to receive xPRISM, a value-accruing receipt that reflects portfolio performance over time via a transparent conversion mechanism. PRISM will initially be supported on Ethereum, with plans to expand to additional networks.
The product is tokenized by OpenEden and supported by FalconX’s institutional trading infrastructure. PRISM also embeds Monarq’s proprietary risk management framework to ensure strategies’ exposure and liquidity remain within predefined limits.
A limited pre-deposit campaign is currently open, allowing early participants to gain exposure to PRISM ahead of its official launch.
