Centrifuge and New York Life Investment Management Partner

The launch marks NYLIM's first tokenized investment product, giving investors digital access to the firm's fixed-income investment strategies through blockchain-based infrastructure.

The tokenization of NYLIM’s U.S. High Yield Corporate Bond Strategy expands access to income-focused investments through digital infrastructure. For the first time, eligible investors can access NYLIM’s institutional-quality high-yield bond strategy on Centrifuge’s platform.

The offering combines NYLIM’s fixed-income investment expertise with blockchain technology, giving investors broader and more efficient access to institutional credit investments.

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The tokenization of financial assets is expected to grow significantly over the next decade as financial institutions look for ways to improve efficiency, expand investor access, and make capital movement across markets faster and easier.

As the market moves from early testing to broader adoption, more asset managers are using tokenized infrastructure to offer traditional investment products in digital markets. With this launch, NYLIM joins a growing number of firms using blockchain technology to expand the reach of its investment strategies.

“We're proud to work with NYLIM and we're starting with a fund that fills a gap for onchain investors that existing infrastructure cannot address," said Anil Sood, CSO and Co-Founder of Centrifuge Labs. "But this is bigger than a single product: It is about moving funds onto infrastructure that is more transparent, more efficient, and more composable. NYLIM is an incredible partner and we're excited to be working with them toward that future.”

“Tokenization represents a compelling evolution in how investment solutions can be accessed, managed and distributed across both public and private markets,” said Thomas Sy, Head of Multi-Asset Solutions, NYLIM. “As investor demand continues to grow around transparency, efficiency and broader market participation, we are exploring opportunities where blockchain-enabled infrastructure can complement our existing platform and deepen the value we deliver to clients.”

About Centrifuge

Founded in 2017 by Bhaji Illuminati, Anil Sood, Jeroen Offerijns, and Martin Quensel, Centrifuge is a blockchain platform for tokenized asset management. It helps connect traditional financial markets with decentralized finance (DeFi) by bringing institutional assets onchain. The platform supports tokenized investment strategies for firms such as Apollo, Janus Henderson, and S&P Dow Jones Indices. Its tokenized assets are also integrated with leading DeFi protocols, including Sky, Aave, and Morpho.

About New York Life Investment Management

New York Life Investment Management is the brand used by a group of affiliated investment advisers of New York Life Insurance Company, including New York Life Investment Management LLC, a registered investment adviser. The firm focuses on delivering long-term investment results and building lasting client relationships. Its specialized investment teams use active management and deep market expertise to help clients meet their investment goals across changing market conditions.

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