Bullish
New York Life Launches Tokenized High-Yield Bond Fund with Centrifuge
30.06.2026 15:21
New York Life, a major US insurance company, has entered the tokenization space by launching a high-yield bond fund on the blockchain in partnership with Centrifuge. This marks the firm's first foray into onchain real-world assets (RWA), utilizing Centrifuge's platform to tokenize a portion of its high-yield bond portfolio. The move aims to enhance liquidity, transparency, and efficiency in asset management, signaling growing institutional adoption of blockchain technology for traditional financial instruments. The fund is expected to attract investors seeking yield in a digital asset format, further bridging the gap between TradFi and DeFi.
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