Blockchain Platform DigiFT Announces Tokenization of Invesco’s $6.3 Billion Credit Fund
the Singapore blockchain platform DigiFT announced the tokenization of a $6.3 billion private credit fund owned by Invesco. Since its establishment in 2006, the fund has achieved an annual net return rate of 4.5%, mainly investing in corporate senior secured loans.
According to a statement released by DigiFT on February 19, institutional investors can purchase tokenized shares of the fund using US dollars or stablecoins (USDC and USDT). DigiFT CEO Henry Zhang stated that this is the latest example of integration between traditional finance and the crypto industry.
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