Singaporean blockchain platform DigiFT has announced that it will tokenize a $6.30 billion private credit fund owned by Invesco. The fund has posted an annualized net return of 4.5% since its inception in 2006 and invests primarily in corporate priority secured loans.
According to a statement released by DigiFT on February 19, institutional investors can purchase tokenized shares of the fund using US dollars or stablecoins (USDC and USDT). DigiFT CEO Henry Zhang said the move is the latest example of the convergence of traditional finance and crypto.
Blockchain Platform DigiFT Announces Tokenization of Invesco 6.30 billion Dollar Credit Fund
2025-02-19 09:49:42
Singapore blockchain blockchain platform digift announced invesco subsidiary scaledesk3cryptocurrencydesktopCrypto News
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