NYLIM Executive: Tokenization's Greatest Opportunity Lies in Personalized Investing

According to ME News, on July 5 (UTC+8), Thomas Sy, Head of Multi-Asset Solutions at New York Life Investments (NYLIM), which manages $8 billion in assets, said in an interview that blockchain could ultimately enable asset management firms to customize portfolios for individual investors at scale—a feat impossible under today’s financial system. “We believe the future of asset management lies in personalization, and the only technology that can help us achieve this at scale is blockchain.” Personalized investment strategies typically combine ETFs, bonds, private credit, and other assets, creating operational complexity that makes personalization difficult to scale. Tokenization can streamline transfer agents, settlement, and other back-office processes, reduce costs, and ultimately benefit investors. NYLIM is the latest major asset manager to join the tokenization movement, partnering with Centrifuge (CFG) to tokenize one of its high-yield corporate bond strategies. (Source: PANews)