OpenEden, FalconX, Monarq Launch PRISM Tokenized Yield Portfolio

The core innovation of the PRISM portfolio lies in its diversified, actively managed strategy. As explained by Shiliang Tang, Managing Partner at Monarq, the product employs a sophisticated quantitative model that dynamically allocates capital across multiple yield sources based on prevailing market conditions. This multi-strategy approach is designed to generate risk-adjusted returns across different market environments, aiming to provide stability even during periods of crypto market stress.

The portfolio’s yield-generating strategies are notably broad, combining both crypto-native and real-world asset (RWA) exposures. According to the announcement, these include cash-and-carry arbitrage, overcollateralized institutional lending, and participation in established DeFi yield venues. Crucially, the strategy also incorporates exposure to regulated tokenized real-world assets, specifically mentioning U.S. Treasury–backed instruments. This blend aims to create a diversified return stream that is not solely dependent on the performance of speculative crypto assets.

The launch of PRISM highlights a concerted push toward institutional-grade structures in decentralized finance. Jeremy Ng, Founder and CEO of OpenEden, emphasized this shift, stating that the product reflects how on-chain investment products are evolving toward more regulated and professionally managed offerings. OpenEden’s role is to provide the regulatory-compliant tokenization infrastructure that underpins the entire offering, ensuring the strategy can be accessed in what the company describes as a transparent and scalable format.

This infrastructure is bolstered by FalconX’s institutional trading network, which provides critical liquidity access across major centralized exchanges. The partnership effectively creates a full-stack solution: Monarq contributes the quantitative investment strategy and risk management, OpenEden provides the compliant on-chain tokenization layer, and FalconX ensures institutional-grade market access and liquidity. Tang framed this collaboration as setting a new standard for transparency and stability in the digital asset space, enabling a scalable solution designed to perform across market cycles.

For users, access to PRISM’s returns will be facilitated through a staking mechanism. Users who stake the PRISM token will receive xPRISM, a receipt token designed to accrue value as the underlying portfolio generates returns. The performance of the portfolio will be reflected through a transparent conversion mechanism between the two tokens. At launch, the token will be supported on the Ethereum network, with plans to expand to additional networks over time.

Risk management is a central pillar of the product’s design. Monarq has implemented a proprietary multi-layered risk management framework specifically for PRISM. This framework is designed to actively monitor and control portfolio exposure, keeping it within pre-defined risk and liquidity parameters. This structured approach to risk is a key component of the product’s appeal to institutions seeking more controlled exposure to crypto yield opportunities. A limited pre-deposit campaign is currently underway, offering early access ahead of the official launch scheduled for February 2026.