New York Life Investment Management Bets on Tokenization

The investment arm of insurer New York Life is entering the world of tokenized assets, according to a Tuesday (June 30) press release . New York Life Investment Management (NYLIM) is partnering with tokenization platform Centrifuge to introduce the NYLIM Anemoy U.S. High Yield Corporate Bond Segregated Portfolio, its first tokenized investment product, the release said.