SINGAPORE: Singaporean blockchain platform DigiFT will offer a tokenised version of a US$6.3 billion Invesco private credit fund, the latest example of blurring lines between the finance and crypto worlds.
Institutional investors can use US dollars or stablecoins USDC and USDT to purchase tokenised shares in the underlying Invesco fund, according to a statement from DigiFT on Wednesday (Feb 19). The Invesco fund, which invests in senior secured loans to companies, has delivered an annual net yield of 4.5 per cent since its inception in 2006, DigiFT Chief Executive Officer Henry Zhang said.
