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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.
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