Centrifuge reports that New York Life Investment Management, with roughly $807B in AUM, is bringing its fixed income strategies onchain via Centrifuge, starting with the HYB high-yield bond product, per their announcement. Mechanically, this channels a traditional manager’s credit products into tokenized form, potentially increasing real-world asset (RWA) volume, fees, and total value locked on Centrifuge. If adoption scales, CFG could benefit indirectly through higher protocol usage, governance relevance, and investor attention to the RWA narrative. However, flows from large institutions typically build gradually, so price impact may be more structural than immediate.
New York Life Investment Management (), one of the largest active asset managers globally with ~$807B in AUM, has partnered with Centrifuge to bring its fixed income capabilities onchain.
The collaboration begins with , one of the first high yield bond…