DigiFT Partners with Invesco to Launch Innovative Tokenized Investment Solution
DigiFT Partners with Invesco for Tokenized Investment Strategies
DigiFT, a licensed on-chain exchange based in Singapore, has announced an exciting new collaboration with Invesco to launch a tokenized investment solution aimed at accredited and institutional investors. This partnership will provide access to Invesco's private credit strategies through a uniquely designed DigiFT token. Not only does this initiative mark a pioneering step in the world of digital finance, but it also highlights the growing trend towards tokenization in the financial sector.
The DigiFT token will allow investors to engage with a reputable strategy focused on generating current income while maintaining capital preservation. The fund is expected to make significant allocations to high-quality secured loans to stable companies with dependable cash flows and solid asset coverage. Subscriptions and redemptions can be processed in various fiat currencies, including the US dollar, as well as stablecoins such as USDC and USDT.
According to RWA.xyz, private credit has emerged as one of the most sought-after alternative asset classes, commanding a remarkable 68% share of the total tokenized real-world assets globally. This figure exceeds even that of tokenized U.S. Treasury securities, indicating a robust shift in investor interest towards private credit strategies. This upward trend is expected to continue, particularly as U.S. Treasury yields are anticipated to decline from recent highs.
As real-world assets (RWA) gain traction, DigiFT is positioning itself as a trusted partner for leading institutional players. The platform has also been designated as an authorized distribution partner for another global asset management firm, effectively expanding its reach in the tokenized financial landscape. Henry Zhang, the founder and CEO of DigiFT, emphasized, "Our focus is on collaborating with the best teams to deliver top-tier institutional assets on-chain rather than rushing to be first in the market. To truly offer institutional-grade on-chain assets, we require nothing less than the best partners in the industry, like Invesco."
The rise of distributed ledger technology (DLT) has catalyzed the tokenization of funds, creating new market dynamics that could revolutionize asset management. As the industry undergoes this transformation, Invesco's CEO in Singapore, Noelle Lim, commented, "We're excited that an innovative platform like DigiFT is capable of offering this solution, creating new investment opportunities for investors."
DigiFT has reinforced its commitment to this initiative by partnering with custodians such as Copper, Komainu, Rakkar, and Zodia. These collaborations aim to provide seamless access to their tokenized RWA offerings for asset managers and owners in the Web3 space, including hedge funds, buy-side trading firms, and DAO treasury managers.
The exchange is actively seeking additional partnerships with more issuers, DeFi protocols, decentralized applications (dApps), and other Web3 protocols. This ambition aims to enable users from various blockchains to access institutional-grade RWA returns on-chain, further enhancing DigiFT's position in the market.
About DigiFT
Founded in compliance with stringent regulations, DigiFT stands as the first recognized exchange in Singapore for real-world assets on-chain. Licensed by the Monetary Authority of Singapore, it serves as a recognized market operator and a capital markets service provider. DigiFT empowers asset holders, especially financial institutions, by allowing them to issue blockchain-based security tokens that investors can trade with continuous liquidity using an Automated Market Maker (AMM) approach.
About Invesco
Invesco is an independent investment management firm dedicated to delivering investment experiences that help individuals maximize their lives. With a commitment to innovation and exceptional client service, Invesco positions itself at the forefront of the asset management industry.
Conclusion
As more financial institutions look towards digital solutions, the collaboration between DigiFT and Invesco represents a significant milestone in the evolution of investment strategies and the continued acceptance of tokenization in mainstream finance. Investors are poised to reap the benefits of this innovative approach, which not only improves accessibility but also enhances the overall investment experience.