Centrifuge has integrated Symbiotic’s liquidity network across three tokenized funds representing about $1.6 billion in assets under management, creating another path for eligible holders to exchange fund positions for USDC. The setup covers Janus Henderson’s JAAA, an AAA-rated collateralized loan obligation strategy, JTRSY, a short-duration US Treasury strategy, and New York Life Investment Management’s HYB, a US high-yield corporate bond strategy. Symbiotic’s Liquid Lane uses an onchain request-for-quote marketplace, where market makers can draw liquidity from vaults to fill redemption requests and later redeem or resell the acquired fund tokens. That structure lets investors receive USDC immediately while the funds’ standard redemption process takes place separately. According to Token Terminal, Centrifuge had brought in about $1.3 billion in new inflows by December 2025, largely driven by Janus Henderson’s two funds, with JAAA alone contributing about $1 billion in total value locked. Symbiotic says Liquid Lane is not the first liquidity option on Centrifuge, but argues its model differs because it broadens participation and reduces the need for market makers to pre-fund inventory for individual assets.

Thomas Sy of New York Life Investment Management argues that tokenization's true potential is not settlement speed but using blockchain to build personalized portfolios at scale, an impossible feat for today's financial system.

New York Life Investment Management (NYLIM), with over $800 billion in assets under management, has partnered with blockchain platform Centrifuge to launch its first tokenized fund. The fund allows qualified investors to trade high-yield corporate bonds on-chain using USDC, while maintaining existing investment processes. Notably, the fund is not available to U.S. persons, reflecting traditional asset managers' cautious approach to tokenized products amid regulatory scrutiny. This move is part of a broader trend where Wall Street institutions are bringing financial assets on-chain to enhance transparency and reach DeFi investors.

New York Life Investment Management (NYLIM) has partnered with Centrifuge to launch its first tokenized investment product — the NYLIM Anemoy US High Yield Corporate Bond Segregated Portfolio (HYB). Eligible investors can subscribe and redeem shares using USDC, marking a major entry of a traditional insurer into the tokenized bond market.