Polygon’s MATIC Maintains Upsurge Following Partnership With Hamilton Lane

Polygon’s MATIC Maintains Upsurge Following Partnership With Hamilton Lane
фото показано с : zycrypto.com

2023-2-10 18:17

Individual investors can invest a minimum of $20k in the tokenized investments. Crypto MATIC has climbed 11% in the past week following the announcement.

Private market investment company Hamilton Lane has unveiled tokenized investment funds in a deal with digital asset securities firm Securitize and blockchain Polygon. The new tokenized feeder funds would use blockchain technology to give individual investors the same opportunities as their institutional counterparts.

Specifically, the three tokenized funds – announced in October last year – would give the US investors exposure to equities, private credit, and secondary transactions, tokenized through Securitize’s digital transfer agency. While launching the new offering, Securitize noted that with blockchain technology, private-equity investments could seamlessly be made accessible to individuals.

According to the latest reports, the Pennsylvania-based company disclosed that its central fund, Equity Opportunities Fund V, recently managed $2.1 billion in investor commitments – part of which would be available in the tokenized feeder fund. A feeder fund collects money from a group of investors.

Minimum Investment in the Tokenized Fund Down to $20,000

According to the announcement, the tokenized version of the feeder fund reduces the minimum investment from the current $5 million to $20,000. This, says the co-founder and CEO of Securitize, Carlos Domingo, is a big step towards the democratization of investments.

‘‘The new Hamilton Lane tokenized fund is a major step in the continued democratization of the private markets by significantly expanding access to the historically high-performing private-equity asset class, particularly through reduced investment minimums,’’ Domingo said. He lauded the significant role of the private equity sector, which he noted has outperformed the S&P 500 by about 70% in the last two decades.

Hamilton Lane currently has $832 billion in assets under management (AUM) and operations across the globe. It has North America, Europe, the Middle East, and Asia Pacific offices.

Hamilton Lane is not the only investment firm tokenizing its services to appeal to the larger individual investor segment. KKR recently tokenized its Healthcare Strategic Growth Fund on Avalanche, collaborating with Securitize. On the other hand, SWIFT is working on a partnership with Chainlink to develop a cross-chain interoperability protocol for digital asset transfers.

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