DigiFT Partners with Invesco to Launch a Unique Tokenized Investment
DigiFT and Invesco Collaboration: A New Era in Tokenized Investments
DigiFT, an on-chain exchange regulated by Singapore, is making headlines with its recent collaboration with the global investment management firm, Invesco. This partnership aims to open up new avenues for accredited and institutional investors through a unique DigiFT token that focuses on private credit strategies.
What Is This New Token?
The DigiFT token will undoubtedly catch the eye of many investors as it represents Singapore's first and only token that can be traded daily while offering access to an innovative private credit investment strategy. This development indicates a significant shift towards tokenization in finance, aligning with the growing trend of asset digitization.
According to industry insights, private credit has emerged as the most popular class of tokenized real-world assets (RWA), constituting 68% of these assets. It even surpasses tokenized U.S. Treasury securities in popularity. As a forward-looking venture, DigiFT intends to become a preferential partner for leading institutional players in this thriving area.
Investment Strategy and Mechanism
The strategy behind the DigiFT token revolves around providing a robust level of current income while ensuring capital preservation. The focus will primarily be on secured first-lien loans to businesses with stable operating profiles, reliable cash flow generation, and strong asset coverage. Investors will have the option to subscribe or redeem using fiat currencies like USD and stablecoins such as USDC and USDT.
Henry Zhang, the founder and CEO of DigiFT, shared insights on the importance of strategic partnerships in asset tokenization. He emphasized, "In an era of rapidly evolving distributed ledger technology, the tokenization of funds is one of the most remarkable trends. We believe that working alongside the best teams is vital for establishing high-quality assets on-chain, rather than simply being first to market."
Feedback from Invesco
Noelle Lim, CEO of Invesco Singapore, echoed these sentiments, stating, "The numerous advantages of innovation find their place in asset management, transforming the sector. We are thrilled to see an innovative platform like DigiFT offer this solution, creating even more investment opportunities for investors."
DigFT's Vision for the Future
DigiFT is not stopping with just this token. The company is actively forming partnerships with depositaries like Copper, Komainu, Rakkar, and Zodia to provide seamless access to tokenized RWAs for Web3 asset managers and owners. Additionally, DigiFT is seeking collaboration with more issuers, DeFi protocols, dApps, and other Web3 structures, aiming to offer institutional-quality RWA yields across different blockchain ecosystems.
About DigiFT
Established as Singapore's first compliant exchange for on-chain RWAs, DigiFT is recognized by the Monetary Authority of Singapore as a market operator and capital markets services provider. The platform allows asset owners, particularly financial institutions, to issue blockchain-based security tokens that are tradable with continuous liquidity through an automated market maker (AMM).
About Invesco
Invesco is an independent investment management firm dedicated to providing an investment experience that helps individuals get the most out of their lives. With a strong global presence, Invesco operates under the NYSE ticker IVZ, reinforcing its reputation as a trusted name in asset management.
In conclusion, the collaboration between DigiFT and Invesco marks a pivotal moment in the investment landscape, leveraging the advantages of tokenization to create unique opportunities for investors and propel the future of finance into a new direction.