Search results for Centrifuge
Crypto
New York Life Investment Management partners with Centrifuge to tokenise high-yield corporate bonds
New York Life Investment Management (NYLIM) is entering the tokenisation market through a partnership with Centrifuge, launching its first tokenised product, the “NYLIM Anemoi U.S. High Yield Corporate Bond Segregated Portfolio (HYB)”. The product is designed to let qualified investors access NYLIM’s existing high-yield strategy via the Centrifuge platform. Subscriptions and redemptions will be settled in Circle’s USDC stablecoin.
Crypto
Ethereum-based tokenised U.S. Treasury market tops $8 billion
The market for tokenised U.S. Treasuries issued on Ethereum has grown to $8 billion in about six months, accelerating the convergence of mainstream finance and blockchain. Large financial firms including BlackRock, Franklin Templeton, Fidelity and WisdomTree have entered. Tokenised Treasuries split ownership into blockchain tokens, enabling 24-hour settlement and faster clearing. The products can also integrate with DeFi through programmable features such as collateral use and automated interest distribution.
Crypto
Gnosis, zkSync announce Ethereum Economic Zone to address Layer 2 fragmentation
Gnosis co-founder Friederike Ernst (프리데리케 에른스트) and zkSync founder Jordi Baylina (조르디 바일리나) announced the Ethereum Economic Zone at the ETHCC conference in Cannes, The Block reported. The Ethereum Foundation co-funds the initiative, which aims to build a framework linking rollups synchronously within a single transaction. EEZ-linked rollups can call mainnet or other EEZ contracts, using ether as the base gas token without separate bridging infrastructure.
