Why Solana’s Latest Move Could Skyrocket It to $500!

The post Why Solana’s Latest Move Could Skyrocket It to $500! appeared on BitcoinEthereumNews.com. Hamilton Lane, a global investment firm with over $920 billion in assets under management, has taken a bold step into the world of blockchain. The firm is launching its Senior Credit Opportunities Fund (SCOPE) on the Solana blockchain through a partnership with Libre, an institutional Web3 infrastructure provider. This move marks a significant milestone in the adoption of digital assets by mainstream financial institutions. What This Means for Solana Users This partnership allows Solana users to access Hamilton Lane’s SCOPE fund via a feeder fund structure. Accredited, professional, and institutional investors can now directly access top-tier funds on-chain, including Brevan Howard’s Master fund and BlackRock’s ICS Money Market fund. This initiative provides greater transparency, efficiency, and accessibility for investors, aligning with Hamilton Lane’s objective to democratize access to private market investments. Source : X.com (Formerly Twitter) The Power of Tokenization Victor Jung, head of digital assets at Hamilton Lane, emphasized the significance of this partnership. He highlighted that it positions Hamilton Lane as a leader in the tokenization of private market funds, leveraging Solana’s low latency and high throughput capabilities to expand access to historical strong returns and performance opportunities. The tokenization of real-world assets (RWAs) like private credit, cash, real estate, and artwork brings these assets onto the blockchain, creating greater liquidity, transparency, and accessibility. A Leap Forward for Alternative Assets Alternative asset managers have increasingly explored tokenization as a way to expand fund distribution. Hamilton Lane has been particularly active in leveraging blockchain technology to widen access to its investment funds. Recently, it participated in a $47 million funding round by Securitize, a platform focused on tokenizing real assets. The SCOPE fund is also available through Securitize, demonstrating Hamilton Lane’s commitment to innovative investment accessibility. Expanding Investment Opportunities Libre’s chief executive and founder, Dr. Avtar Sehra, called the…

Jul 24, 2024 - 06:00
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Why Solana’s Latest Move Could Skyrocket It to $500!

The post Why Solana’s Latest Move Could Skyrocket It to $500! appeared on BitcoinEthereumNews.com.

Hamilton Lane, a global investment firm with over $920 billion in assets under management, has taken a bold step into the world of blockchain. The firm is launching its Senior Credit Opportunities Fund (SCOPE) on the Solana blockchain through a partnership with Libre, an institutional Web3 infrastructure provider. This move marks a significant milestone in the adoption of digital assets by mainstream financial institutions. What This Means for Solana Users This partnership allows Solana users to access Hamilton Lane’s SCOPE fund via a feeder fund structure. Accredited, professional, and institutional investors can now directly access top-tier funds on-chain, including Brevan Howard’s Master fund and BlackRock’s ICS Money Market fund. This initiative provides greater transparency, efficiency, and accessibility for investors, aligning with Hamilton Lane’s objective to democratize access to private market investments. Source : X.com (Formerly Twitter) The Power of Tokenization Victor Jung, head of digital assets at Hamilton Lane, emphasized the significance of this partnership. He highlighted that it positions Hamilton Lane as a leader in the tokenization of private market funds, leveraging Solana’s low latency and high throughput capabilities to expand access to historical strong returns and performance opportunities. The tokenization of real-world assets (RWAs) like private credit, cash, real estate, and artwork brings these assets onto the blockchain, creating greater liquidity, transparency, and accessibility. A Leap Forward for Alternative Assets Alternative asset managers have increasingly explored tokenization as a way to expand fund distribution. Hamilton Lane has been particularly active in leveraging blockchain technology to widen access to its investment funds. Recently, it participated in a $47 million funding round by Securitize, a platform focused on tokenizing real assets. The SCOPE fund is also available through Securitize, demonstrating Hamilton Lane’s commitment to innovative investment accessibility. Expanding Investment Opportunities Libre’s chief executive and founder, Dr. Avtar Sehra, called the…

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