#Singapore #Tokenization #BNY #DigiFT

DigiFT Launches the First Actively Managed Tokenized Equity Fund

DigiFT, a prominent regulated exchange for institutional real-world assets, has announced the launch of its pioneering product: the DigiFT U.S. Equity Income Fund, also known as "bEQTY." This fund is recognized as the first actively managed tokenized U.S. equity income fund to leverage the Ethereum blockchain.

A New Horizon for Tokenization

This groundbreaking launch signifies a monumental shift in tokenization—a transition from early technological experiments to a sophisticated avenue for investors seeking to harness more comprehensive portfolio strategies on-chain. With eligibility granted to accredited investors, bEQTY showcases a substantial evolution in the standards of tokenized finance.

A key player in this strategic endeavor is BNY, recognized as the investment manager behind the traditional equity income strategy that powers this tokenized fund. As financial institutions and investors increasingly look to merge traditional finance with emerging technologies, the regulated infrastructure provided by DigiFT signifies a paradigm shift beyond previous applications within capital markets.

Navigating Institutional Capital Markets

Public equities form the bedrock of many institutional investors' portfolios. Through tokenization, these financial instruments are transformed into digital assets that carry operational advantages like enhanced transparency, programmable settlement options, and streamlined lifecycle management. Importantly, the integrity of the underlying investment strategies and governance structures remains uncompromised.

The implementation of equity income strategies on regulated blockchain frameworks offers investors greater operational flexibility. These advancements enable complex financial instruments to be held, transferred, and integrated seamlessly into investment portfolios, ultimately supporting more dynamic and agile capital management. Additionally, for those heavily engaged in Web3, interest is rising in assets that foster exposure to real-world economies and demonstrate lower correlation with crypto-dominated market cycles.

Commitment to Institutional Participation

The launch of bEQTY also highlights how institutional investors can participate more broadly through DigiFT's regulated marketplace. Henry Zhang, the Founder and Group CEO of DigiFT, elaborated, "This launch is a testament to the applicability of blockchain technology in finance. By integrating an actively managed equity income strategy onto a regulated platform, we showcase how blockchain is entering the mainstream of institutional finance."

Doni Shamsuddin, the Head of Asia Pacific for BNY Investments, also voiced the significance of this initiative: “Collaborating with DigiFT allows us to connect traditional finance and emerging blockchain solutions for institutional investors. By leveraging our expertise, we can present a managed portfolio that operates under the auspices of established trust, scale, and governance."

From Experimental to Mainstream Financial Solutions

Early tokenization efforts primarily focused on short-duration financial instruments, validating the operational benefits of blockchain in regulated environments. Transitioning into actively managed public equities embodies a natural evolution in tokenization, broadening its scope from isolated assets to strategies that operate within regulated marketplaces.

About DigiFT

DigiFT stands at the forefront of innovative real-world asset exchanges, licensed by both the Monetary Authority of Singapore (MAS) and the Hong Kong Securities and Futures Commission (SFC). The platform delivers holistic digital asset services that encompass tokenization, issuance, distribution, trading, and instant liquidity services, specifically tailored to institutional needs. Renowned financial institutions, including Invesco and UBS Asset Management, have placed their trust in DigiFT as their partner for tokenization and asset distribution.

For additional details, please visit DigiFT's website.

About BNY

BNY represents a cornerstone in the global financial services landscape, serving a vast client base that includes over 90% of Fortune 100 companies. The company has a rich history spanning more than two centuries, with a steadfast commitment to helping clients accelerate growth and enhance operational efficiency. BNY administrates an extensive volume of assets, further solidifying its stature within institutional finance.

In summary, DigiFT's launch of the bEQTY fund symbolizes a monumental step towards the integration of traditional asset management practices with advanced blockchain solutions. As the landscape of finance continues to evolve, the partnership between DigiFT and BNY positions them as leaders in spearheading this innovative transformation within capital markets.