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.
