US Investment Giant KKR Tokenizes Private Equity Fund on Avalanche Blockchain

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The investment firm hopes to use the $4 billion tokenized fund to attract more investors.

Global investment giant KKR & Co has partnered with digital asset management firm Securitize to tokenize its private equity fund on a public blockchain network., the partnership will allow the KKR to tokenize its second Health Care Strategic Growth Fund on the Avalanche blockchain, making it accessible to investors with at least $5 million in investible assets.The growth fund is a $4 billion vehicle that invests in growing healthcare companies in North America and Europe.

He also noted that tokenized funds eliminate many of the barriers that prevent individual investors from accessing private equities. For instance, tokenized funds allow individuals to easily access private equities while enabling them to invest smaller amounts.“With its ability to digitize operational inefficiencies and increase ease of use for individual investors, blockchain technology has the potential to play an important role in the future of private markets,” Parant added.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investment Giant KKR Puts Portion of Private Equity Fund on Avalanche BlockchainNew York investment firm KKR_Co has put a portion of its private equity fund on the avalancheavax blockchain in partnership with Securitize. Reporting by oknightcrypto. KKR_Co avalancheavax Securitize OKnightCrypto Wacth this🚀 KKR_Co avalancheavax Securitize OKnightCrypto Why is everybodyy silent on thiss. KKR_Co avalancheavax Securitize OKnightCrypto Bitcoin rallies into $22k as the bull market can be aggressive and take the best traders by surprise. I think it can run even higher keep watch. Everyone follow Bnb_7h she’s a super underrated bitcoiner amazing tips and TA I’ve been doing great
Source: CoinDesk - 🏆 291. / 63 Read more »