CoinScoopNew York Life Investment Management brings tokenized fund to Avalanche via Centrifuge
New York Life Investment Management (NYLIM) is launching its first tokenized fund, HYB, on the Avalanche blockchain. Utilizing Centrifuge, the fund brings NYLIM's US high-yield corporate bond strategy on-chain, allowing eligible investors to access institutional-grade credit directly on Avalanche.
Summaries are written by AI from the original article. Not investment advice.