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New York Life Investment Management launches tokenized high-yield bond fund with Centrifuge

By Estefano Gomez

The launch signifies a growing acceptance of blockchain in traditional finance, potentially enhancing liquidity and efficiency in bond markets. The post New York Life Investment Management launches tokenized high-yield bond fund with Centrifuge appeared first on Crypto Briefing.

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Blockchain

A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.

It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.

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A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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