Centrifuge Expands NYLIM’s HYB Bond Portfolio to Solana and Avalanche

Centrifuge has expanded the NYLIM Anemoy U.S. High Yield Corporate Bond Segregated Portfolio, known as HYB, to Solana and Avalanche, adding two networks for a tokenized strategy tied to U.S. high-yield corporate debt. New York Life Investment Management introduced HYB on June 30 as its first tokenized offering. Subscriptions and redemptions settle in USDC, while the underlying portfolio, investment process and risk management remain with NYLIM. HYB is listed on Ethereum, Avalanche, Pharos, X Layer, Arc and Solana. Centrifuge also lists deHYB, a separate token, on Ethereum, Optimism and X Layer.

Source: TokenPost