Big step for institutional credit onchain.
Chronicle Proof of Asset powers the data verification behind NYLIM’s first tokenized fund, issued via
@centrifuge on
@avax.
BREAKING: $807B New York Life Investment Management is bringing its first tokenized fund to Avalanche
Through Centrifuge, HYB brings NYLIM’s U.S. High Yield Corporate Bond Strategy onchain, giving eligible investors access to institutional-grade credit directly on Avalanche.
The fund opens up an entirely new corner of traditional credit markets on Avalanche, with an actively managed portfolio of high-yield U.S. corporate bonds now accessible onchain.
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