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DigiFT Collaborates with Invesco on Token Solution

DigiFT, a licensed on-chain exchange in Singapore, is excited to announce its partnership with Invesco to offer a new DigiFT token. This token will provide accredited and institutional investors access to Invesco's private credit strategies, marking it as the first daily tradable token from Singapore aimed at private credits.

The DigiFT tokens will be made available through the DigiFT platform and will accept subscriptions and swaps in fiat currencies such as USD, as well as stablecoins like USDC and USDT. The focus of this strategy is to generate a high level of ongoing income while maintaining capital preservation by primarily investing in secured loans to companies with a stable operational profile, reliable cash flow generation, and strong asset coverage.

According to RWA.xyz, private credit has emerged as the most popular alternative asset class, accounting for 68% of tokenized real-world assets, surpassing even tokenized U.S. Treasury bills. This trend is likely to continue, especially with expectations of declining interest rates on U.S. Treasuries following recent peaks.

The rise in popularity of real-world assets (RWAs) positions DigiFT as a preferred partner for leading institutional players. The platform has recently been appointed as an authorized distribution partner for a global asset manager launching its first tokenized money market fund. "We believe that collaborating with top teams and best-in-class assets to bring them on-chain is more critical than being first to market. To genuinely bring institutional assets to market, nothing less than the best partners in the industry is needed, such as Invesco," stated Henry Zhang, founder and CEO of DigiFT.

Invesco's CEO in Singapore, Noelle Lim, commented on the partnership, stating, "Amid rapid developments in distributed ledger technology, the tokenization of funds is one of the most notable trends. This innovation provides numerous advantages that are transforming the asset management space. We are excited that an innovative platform like DigiFT is providing this solution, offering investors greater opportunities."

DigiFT is also collaborating with custodians such as Copper, Komainu, Rakkar, and Zodia to ensure seamless access to tokenized RWAs for Web3 asset managers and owners, including hedge funds, buy-side trading firms, and DAO treasury managers. The firm is actively seeking partnerships with various issuers, DeFi protocols, dApps, and other Web3 protocols to provide on-chain access to institutional RWA returns across multiple blockchains.

About DigiFT

DigiFT (www.digift.sg) is the first regulated exchange for on-chain real-world assets, licensed by the Monetary Authority of Singapore as a Recognized Market Operator and Capital Markets Services provider. DigiFT empowers asset owners, particularly financial institutions, to issue security tokens on the blockchain, allowing investors to trade these tokens with continuous liquidity, thanks to an Automated Market Maker (AMM).

About Invesco

Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. For further information, visit NYSE IVZ or www.invesco.com.

Disclaimer: DigiFT and/or its affiliates strive to ensure the accuracy and reliability of the information provided but make no guarantees to this effect and accept no liability (whether arising in tort, contract, or otherwise) for any loss or damage due to any inaccuracies or omissions or any decisions, actions, or inactions taken based on or relying on the information in this article. Independent legal and financial advice should be sought before making any investment decisions.