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Tokenization's next use case is personalized portfolios, NYLIM executive says

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2026-07-04 20:01:44
New York Life Investment Management (NYLIM) sees tokenization’s next major use case as enabling personalized investment portfolios at scale, rather than just faster settlement or 24/7 trading. Thomas Sy, head of multi-asset solutions at NYLIM, said blockchain could let asset managers embed customization into the assets themselves and reduce operational complexity, according to CoinDesk, potentially lowering back-office costs by 10% or 20%. NYLIM recently teamed up with Centrifuge (CFG) to bring a high-yield corporate bond strategy onchain.
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