Stellar adds tokenized high-yield corporate bonds HYB and deHYB
- —HYB is NYLIM's first tokenized offering, launched June 30, 2026
- —Onchain AUM is roughly $637,000 for HYB and $157,000 for deHYB
- —Investors subscribe and redeem in USDC under a Reg S structure
- —The fund previously expanded to Avalanche and Solana, now Stellar
Why it matters: The Stellar listing broadens distribution for NYLIM and Centrifuge in tokenized RWAs, though combined onchain assets remain under $1 million.
Source: Crypto Briefing