Securitize is a real-world asset tokenization platform that has launched a tokenized fund aimed at providing investors with on-chain AAA-rated collateralized loan obligation (CLO) investment opportunities.
The fund was developed in collaboration with global investment bank BNY Mellon. According to an announcement on Wednesday, BNY will custody the underlying assets of the fund, while a subsidiary of the bank will manage the fund's portfolio.
Securitize stated that with the global issuance of collateralized loan obligations exceeding $1.3 trillion, Securitize and BNY aim to bring AAA-rated floating-rate credit products on-chain.
Subject to approval from the Sky ecosystem governance, the institutional-grade credit protocol Grove plans to provide a $100 million anchor investment for the fund.
Tokenization is the process of converting real-world assets such as stocks, real estate, or debt into digital tokens recorded on a blockchain.
Securitize CEO Carlos Domingo stated that this launch "is an important step in making high-quality credit more accessible, efficient, and transparent through digital infrastructure."
This announcement comes after Domingo's comments to CNBC on October 28, where he revealed Securitize's plans to go public through a merger with the blank-check company Cantor Equity Partners II, Inc.
With the accelerated development of real-world asset tokenization—according to RWA.xyz, over $35.5 billion in assets are currently represented on-chain—this process is rapidly expanding to encompass a broader range of traditional financial instruments.
In January, Ondo Finance announced it would launch a tokenized U.S. Treasury fund on the XRP ledger, allowing investors access to institutional-grade government bonds, with the option to redeem holdings using stablecoins. The fund went live in June.
In July, Grove partnered with blockchain infrastructure platform Centrifuge to launch two Janus Henderson tokenized funds on Avalanche.
In the same month, Centrifuge collaborated with S&P Dow Jones Indices to tokenize the S&P 500 index, marking the first time this benchmark index has been brought on-chain.
Related: Reports indicate that Mastercard is in talks to acquire Zerohash for nearly $2 billion.
Original article: “Securitize and BNY Mellon Launch Tokenized Fund Supported by Structured Credit”
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
