Securitize introduces tokenized Hamilton Lane credit fund into multi chain and adds functionality for DeFi users

According to CoinDesk, real-world asset platform Securitize has partnered with investment firm Hamilton Lane, which has a total asset management scale and entrusted assets of $956 billion, to upgrade its tokenized private credit fund. After the upgrade, the fund covers multiple blockchains and adds features for DeFi users. Its SCOPE fund was launched on the Polygon blockchain in 2023 and now utilizes Wormhole to achieve blockchain interoperability. It can be used on Ethereum and Optimism blockchains, and investors can transfer fund shares across chains to increase participation and liquidity. In addition, Securitize supports daily net asset value (NAV) pricing through the RedStone oracle, providing investors with instant access to the fund. There are two redemption methods: on-demand redemption through the built-in liquidity pool or regular monthly withdrawals. A key new feature is the new sSCOPE token, designed specifically for regulated DeFi composability, which can be deployed to on chain lending platforms or liquidity pools.