Top U.S. Global Asset Manager Brings Tokenized High-Yield Bond Fund on Avalanche
NY Life Investment Management (
@NYLIManagement), which manages $807 billion worth of assets, announces the on-chain launch of its U.S. High Yield Corporate Bond Strategy using the
@Centrifuge protocol.
The fund, symbolized by HYB, gives eligible users access to an actively managed corporate credit strategy.
This increases the scope of RWA products beyond Treasury and short-duration securities traditionally available in the tokenization space.