New York Life Investment Management, managing $838 billion in assets, announced at the RWA Summit Brooklyn 2026 that it is integrating RedStone Settle with its tokenized U.S. High Yield Bond Fund (HYB). Launched in June 2026 as a BVI segregated portfolio via Centrifuge, HYB still uses a standard T+3 redemption cycle that blocks near-instant DeFi use as collateral. RedStone Settle runs roughly 300-millisecond Dutch auctions in which KYC-verified solvers compete to deliver immediate USDC liquidity at a discount to administrator-derived NAV, absorbing the T+3 wait while bonded deposits and prefunded vaults backstop failed settlement. The layer is meant to support individual T+0 exits and DeFi liquidations, including a planned HYB-denominated Morpho market curated by Steakhouse Financial. Tokenized real-world assets have surpassed $38 billion onchain, yet redemption lag has left much of that value idle as collateral. RedStone already serves Morpho curators including Gauntlet, Sentora, Re7 Labs, and Feather, and prices other Centrifuge funds such as Janus Henderson’s deJAAA and deJTRSY; HYB is not offered to U.S. persons.