Global investment management giant hamilton_lane has opened access to the second of three tokenized funds through a Securitize feeder fund on the 0xPolygon blockchain. BrandyBetz reports
Tokenization is a growing field that claims to widen access to traditional finance products by making private market investment available to investors who don't fall into the institutional or ultra-high-net worth net bracket. In this case, the minimum investment is lowered to $10,000 from $2 million.
SCOPE targets yield-seeking investors with floating-rate, senior secured loans. The fund invests in privately held company assets in recession-resilient sectors, including health care and information technology. Investors in the feeder fund can redeem their shares on-demand at the previous quarter’s net asset value per share with no transaction fees from Securitize.
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