Centrifuge Brings NYLIM HYB Fund to Avalanche

Businessperson reviews a tablet displaying HYB tokenized bond on Avalanche, with NYLIM branding and subtle USDC icons.

Centrifuge has expanded HYB, the tokenized fund providing access to New York Life Investment Management’s U.S. high-yield corporate bond strategy, to Avalanche. The deployment gives eligible investors another blockchain venue for accessing an institutional credit strategy that was already available through Centrifuge’s fund infrastructure. The move extends HYB beyond its existing deployments while adding high-yield […]