New York Life Investment Management (NYLIM) launches its first tokenized investment product: the NYLIM Anemoy U.S. High Yield Corporate Bond Segregated Portfolio (ticker: HYB). Multiple outlets report that the initiative is created in collaboration with Centrifuge, a blockchain-based tokenization platform. The offering brings NYLIM’s existing institutional high-yield corporate bond strategy onto an onchain tokenized structure, described as a segregated portfolio.
The reports note that NYLIM manages about $807 billion in assets and is partnering with Centrifuge as Wall Street expands tokenization use cases beyond tokenized U.S. Treasury funds. PYMNTS and other sources characterize the launch as NYLIM’s entry into tokenized assets, while Decrypt and CoinDesk focus on the onchain bond strategy and the role of Centrifuge.
Across the coverage, the core details are consistent: a first tokenized product, a high-yield corporate bond focus, and a partnership between NYLIM and Centrifuge, enabling eligible investors to access the strategy through the tokenized portfolio.
