New York Life Investment Management, an $807 billion asset manager, has launched a tokenized high-yield corporate bond product with Centrifuge, with subscriptions and redemptions settled in Circle’s USDC.
According to NS3.AI, the product, called HYB, uses USDC for settlement on both subscriptions and redemptions.
The offering documents state that the product is not being offered or sold to U.S. persons.
New York Life Investment Management Launches Tokenized High-Yield Bond Product Settling in USDC
2026-07-01 14:42:23
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