Securitize Launched New Fund To Tokenized Access From Hamilton Lane
Key Points:
- Securitize created a new feeder fund on Polygon that provides tokenized exposure to Hamilton Lane’s private credit fund.
- The vehicle allows for the instant deployment of investors’ funds with a $10,000 minimum commitment, down from $2 million.
Hamilton Lane, an investment management company with $824 billion in assets under management and supervision, is launching a second fund with tokenized access. The access is supplied through a Securitize feeder fund on the Polygon blockchain.
According to Securitize, the new tokenized fund, which will flow into Hamilton Lane’s Senior Credit Opportunities Fund, intends to widen access to senior private credit, which has historically been a reliable approach in uncertain markets.
Through the Securitize feeder fund, the firm is making a portion of the Senior Credit Opportunities (SCOPE) Fund, which was launched in October, available. The feeder is the second of three tokenized funds introduced by Hamilton Lane last year. In January, the Hamilton Lane Equity Opportunities Securitize Fund V received tokenized access.
SCOPE’s floating-rate, senior secured loans are aimed at yield-seeking investors. The fund makes investments in privately owned corporate assets in recession-resistant industries such as health care and information technology.
Investors in the feeder fund may redeem their shares at the previous quarter’s net asset value (NAV) per share without incurring any transaction fees from Securitize.
Carlos Domingo, CEO of Securitize, stated:
“Many recent technology and blockchain innovations are solutions in search of problems. Securitize is solving a major problem faced by investors, particularly in private markets: finding liquidity when they need it.”
He noted that smart contracts based on blockchain networks might speed up manual operations such as share redemption, remove middlemen, and cut superfluous costs.
Tokenization is an emerging area that promises to increase access to conventional financial products by making private market investment accessible to individuals who are neither institutional nor ultra-high net worth. In this situation, the minimum investment is reduced from $2 million to $10,000.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Harold
Coincu News
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Securitize Launched New Fund To Tokenized Access From Hamilton Lane
Key Points:
- Securitize created a new feeder fund on Polygon that provides tokenized exposure to Hamilton Lane’s private credit fund.
- The vehicle allows for the instant deployment of investors’ funds with a $10,000 minimum commitment, down from $2 million.
Hamilton Lane, an investment management company with $824 billion in assets under management and supervision, is launching a second fund with tokenized access. The access is supplied through a Securitize feeder fund on the Polygon blockchain.
According to Securitize, the new tokenized fund, which will flow into Hamilton Lane’s Senior Credit Opportunities Fund, intends to widen access to senior private credit, which has historically been a reliable approach in uncertain markets.
Through the Securitize feeder fund, the firm is making a portion of the Senior Credit Opportunities (SCOPE) Fund, which was launched in October, available. The feeder is the second of three tokenized funds introduced by Hamilton Lane last year. In January, the Hamilton Lane Equity Opportunities Securitize Fund V received tokenized access.
SCOPE’s floating-rate, senior secured loans are aimed at yield-seeking investors. The fund makes investments in privately owned corporate assets in recession-resistant industries such as health care and information technology.
Investors in the feeder fund may redeem their shares at the previous quarter’s net asset value (NAV) per share without incurring any transaction fees from Securitize.
Carlos Domingo, CEO of Securitize, stated:
“Many recent technology and blockchain innovations are solutions in search of problems. Securitize is solving a major problem faced by investors, particularly in private markets: finding liquidity when they need it.”
He noted that smart contracts based on blockchain networks might speed up manual operations such as share redemption, remove middlemen, and cut superfluous costs.
Tokenization is an emerging area that promises to increase access to conventional financial products by making private market investment accessible to individuals who are neither institutional nor ultra-high net worth. In this situation, the minimum investment is reduced from $2 million to $10,000.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Harold
Coincu News
Read More
Polygon Forecasts $0.293, Binance Coin Eyes $600, Unstaked Offers 2,700% Upside as the Top Crypto to Invest In