Real -WORLD Asset Platform Securitize has upgraded its tokenized private credit fund at Hamilton Lane, an investment firm with $ 956 billion in assets in control and supervision, expanding its reach over multiple block chains and adding positions aimed at decentralized finance.
In 2023 introduced on Polygon (Pol), Hamilton Lane Senior Credit Opportunities (Scope) Fund is now available on Ethereum and Optimism
Securitize also added support for daily net asset value (NAV) prices via Redstone Oracles and made the fund directly accessible through its investors portal. Repayments can be processed in two ways: on-demand via a built-in liquidity pool off on 5% of the NAV of the fund, or via monthly planned recordings.
An important addition is the new SSCOPE token, specially designed for defi-composability in a regulated way, so that holders can actively use it in on-chain lending platforms or liquidity pools, depending on future integrations. The Apollo Diversified Credit Securitize Fund (ACRED) received the same treatment earlier this year, with livered Defi strategies that were built around it.
The update arrives when the tokenized Real -World Asset (RWA) market exceeds $ 25 billion, with private credit that makes $ 14 billion of that total, according to data from RWA.XYZ. Securitize is one of the most active participants in the sector and has spent almost $ 4 billion in tokenized assets, including BlackRock’s Digital Money Market Fund Buidl.
A recent S&P report identified tokenization and private credit as intersecting forces that can reform the capital markets in the coming years, a trend that the Hamilton Lane Fund wants to record.
“Defi can make an existing offer better, but still make it compliant. That is a game changer,” said Victor Jung, head of digital assets at Hamilton Lane, in an interview with Coindesk.
Read more: What is the next step for Real-World assets-tokenization