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Securitize partners with BNY to launch a tokenized credit fund on Ethereum

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2025-10-29 23:00:22
Securitize launched the "Tokenized AAA CLO Fund" (STAC) to provide investors with on-chain exposure to AAA-rated secured loan obligations (CLOs) through Ethereum. BNY provides custody and fund services, and Grove, the on-chain capital allocation arm of DeFi Protocol Sky, plans to invest $100 million as a cornerstone investment. The fund aims to improve the accessibility and settlement efficiency of CLO investments, while driving the development of the real asset tokenization market. Securitize also plans to go public in the near future through a merger with Cantor Fitzgerald SPAC.
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