$807B New York Life Unit Tokenizes High-Yield Bonds on Centrifuge Blockchain
New York Life Investment Management (NYLIM), the $807 billion asset management division of major life insurer New York Life, has launched its inaugural tokenized investment strategy, signaling a significant shift in how traditional finance (TradFi) leverages blockchain technology. The firm announced its collaboration with Centrifuge, a leading tokenization platform, to introduce a blockchain-based version of … Read more


