📈 Century-old asset management giant New York Life Investment Management (NYLIM) officially announces a deep collaboration with Centrifuge, a leading RWA infrastructure provider, marking a key step forward in its asset tokenization strategy.

With over 180 years of solid investment experience, NYLIM adheres to a long-term value investing philosophy. By leveraging asset tokenization infrastructure, it continues to provide compliant and efficient financial services to global clients, laying the foundation for the next century of financial digitalization.

This cooperation has been rolled out with the launch of its first tokenized high-yield bond fund. Settlement for on-chain subscriptions and redemptions is carried out using USDC. Traditional asset management has officially embraced the RWA track at scale, and it will continue to roll out more on-chain financial products.$CFG

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