TechNew York Life Investment Management launches tokenized high-yield bond strategy on Avalanche
Crypto.news says the $HYB strategy, launched through Centrifuge, gives eligible investors onchain access to actively managed corporate credit.
TLDR
Crypto.news reports that New York Life Investment Management has launched its U.S. High Yield Corporate Bond Strategy on Avalanche through Centrifuge. Represented by $HYB, it offers eligible investors onchain access to actively managed corporate credit. The outlet frames the launch as a move beyond the Treasury-focused assets dominating tokenization.
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New York Life Investment Management launches tokenized high-yield bond strategy on Avalanche
Crypto.news says the $HYB strategy, launched through Centrifuge, gives eligible investors onchain access to actively managed corporate credit.
TLDR
Crypto.news reports that New York Life Investment Management has launched its U.S. High Yield Corporate Bond Strategy on Avalanche through Centrifuge. Represented by $HYB, it offers eligible investors onchain access to actively managed corporate credit. The outlet frames the launch as a move beyond the Treasury-focused assets dominating tokenization.