Fun

Investcorp announces real-world asset tokenization fund

News Feed - 2024-06-27 02:06:00

Vince Quill6 hours agoInvestcorp announces real-world asset tokenization fundInvestcorp’s Strategic Capital Group currently has $1.5 billion in assets under management and will handle the collaborative deals.555 Total views12 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksInvestcorp, a global asset manager, announced a partnership between its Strategic Capital Group (ISCG) and Securitize, a firm specializing in asset tokenization, in a June 26 press release.


The tokenized fund will provide qualified investors with exposure to ISCG’s general partner staking strategy, a method of private equity investment that invests in asset management firms directly by acquiring minority interests in those firms rather than investing in the underlying funds those firms manage.


Following the announcement of the private equity tokenized fund, Securitize CEO Carlos Domingo remarked on the inclusive opportunities tokenized investment products provide to individual investors:“By tokenizing alternative assets, we are breaking down barriers and allowing individual investors to participate in opportunities that were previously out of reach. This partnership underscores our commitment to leveraging technology to unlock new financial possibilities.”Real-world asset tokenization: the final frontier?


Real-world asset tokenization has become the talk of the town in the crypto industry, with real-world asset tokenization claiming the second most profitable sector of the crypto economy, right behind memecoins. In the first half of 2024, asset tokenization projects delivered a 214% return for investors.


Related:Why tokenized real-world assets are soaring


Everything from government bonds to real estate can be tokenized, providing enhanced efficiency and liquidity to investors while exponentially increasing the velocity of money in the economy. By 2030, the real-world asset tokenization market is projected to swell to $2 trillion in digitized assets.An estimated breakdown of what the tokenized asset market may look like in 2030. Source: McKinsey & Company


Tether recently showcased a powerful use case for asset tokenization by launching Alloy, agold-backed U.S. dollar stablecoin. This hybrid approach combines the hedging power of the precious metal with the functionality of a fiat-pegged token.Driving institutions to crypto


Real-world asset tokenization is one of the factors driving institutional investors to embrace cryptocurrencies and blockchain technology.


In a recent interview with Cointelegraph, Kunal Bhasin of KPMG Canada said that institutional investors will embrace tokenized commercial real estate but are currently waiting for the market to mature and offer more robust options for commercial property investment.


These opportunities can also be more inclusive, allowing individual investors or family offices to participate in high-value commercial real estate investment opportunities traditionally available to larger entities and investors in the market.


Magazine:China will intensify Bitcoin bull run, $1M by 2028: Bitcoin Man, X Hall of Flame# Blockchain# Business# Adoption# Asset Management# Digital Asset Management# RWAAdd reaction

News Feed

Turner Wright6 hours agoOpening arguments begin in Sam Bankman-Fried trial“His girlfriend will tell you how they stole money together,” said Assistant U.S. Attorney Thane Rehn in an opening statement about the former
LD Capital Founder Jack Yi Gave a Keynote Address at BWB 2022 in South Korea: Opening of a New Era of Web3
LD Capital Founder Jack Yi Gave a Keynote Address at BWB 2022 in South Korea: Opening of a New Era of Web3 press release PRESS RELEASE. LD Capital was established in 2016. Its main
Ana Paula Pereira2 hours agoUK Law Commission report challenges Craig Wright’s suit against Bitcoin developersA report published by the U.K. Law Commission bolsters Bitcoin core developers’ defense that they are not
VC Roundup: Are VCs returning to crypto? February suggests renewed confidence
Ana Paula Pereira3 hours agoVC Roundup: Are VCs returning to crypto? February suggests renewed confidenceIn February, a diverse group of crypto startups announced recent funding raises, signaling that investors’ intere
Sri Lanka’s Central Bank Warns About Crypto Amid Severe Economic, Political Crisis
Sri Lanka"s Central Bank Warns About Crypto Amid Severe Economic, Political Crisis Sri Lanka’s central bank issued a warning regarding the use of cryptocurrencies amid a dev
Nigeria’s Binance crackdown threatens Web3 industry
Amaka Nwaokocha10 hours agoNigeria’s Binance crackdown threatens Web3 industryAccording to Uwakwe, the head of Nigeria’s crypto intercommunity working group, investors worry about potential repercussions similar to B
CA GameFi, Subsidiary of CyberAgent, Announces “ProjectTB” That Delivers “Just Enjoy and Earn” to Players Around the World
CA GameFi, Subsidiary of CyberAgent, Announces “ProjectTB” That Delivers “Just Enjoy and Earn” to Players Around the World press release PRESS RELEASE.CA GameFi Inc., (headq
Bitcoin wobbles as Trump delivers pro-crypto conference speech
Tristan Greene2 hours agoBitcoin wobbles as Trump delivers pro-crypto conference speechThe 45th president of the United States caused some minor ripples throughout the cryptocurrency market with his speech at Bitcoin 202
Biggest Movers: XTZ, FLOW Reach Multi-Week Highs on Tuesday
Biggest Movers: XTZ, FLOW Reach Multi-Week Highs on Tuesday XTZ rose to its highest point in nearly three weeks on Tuesday, as the token climbed for a second straight session. The
Jesse Coghlan7 hours agoEU backs Data Act with clause to shut off smart contractsThe Act, inclusive of a clause necessitating “kill switches” on smart contracts, only now needs approval from the European Council to p
Recent Bitcoin Bull Run and Prior Run-up Data Suggests a Softer Bear Market Is in the Cards
Recent Bitcoin Bull Run and Prior Run-up Data Suggests a Softer Bear Market Is in the Cards It’s been six months or roughly 180 days since bitcoin reached an all-time high a
Why The June 22 Date Is Important As Bitcoin Price Flirts With $100,000
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu