Funding supervisor Investcorp and Securitize have launched a partnership to tokenize funds.
This model of real-world belongings (RWA) on the chain seems to be to construct efficiencies for buyers.
Different asset supervisor Investcorp and Securitize have inked a partnership to develop fund tokenization alternatives.
The 2 corporations will initially develop tokenized funds inside Investcorp’s Strategic Capital Group (ISCG), which has $1.5 billion in belongings below administration and was launched in 2019.
ISCG focuses on buying minority pursuits in various asset managers (GPs) and has partnered with mid-sized GPs throughout purchase out, secondaries, structured fairness, non-public credit score, and actual asset methods.
“This partnership with Securitize continues Investcorp’s robust legacy as an innovator in various investments,” stated Anthony Maniscalco, Managing Companion, ISCG, in a launch. “Using tokenization know-how has the potential to extend efficiencies for buyers, and in addition offers for a brand new period of accessibility. Via this collaboration, Securitize is bringing entry to the GP staking technique for a wider vary of buyers.”
This partnership permits certified buyers to faucet into GP staking methods by way of Securitize’s tokenization tech, boosting entry to burgeoning non-public markets with the effectivity of blockchain.
“We consider that Investcorp, as a worldwide various funding supervisor, represents among the most progressive pondering out there,” stated Carlos Domingo, co-founder and CEO of Securitize, in a press launch. “By tokenizing various belongings, we’re breaking down limitations and permitting particular person buyers to take part in alternatives that have been beforehand out of attain.”
Investcorp has beforehand been an energetic participant within the crypto area. In 2022, the agency poached ING’s ex-head of digital belongings, Herve Francois, to assist construct out its first blockchain fund. The agency has since led or invested in lots of rounds for crypto corporations.
