Securitize, in collaboration with BNY Mellon, has introduced a tokenized fund that is backed by AAA-rated collateralized loan obligations (CLOs). This innovative financial product is now available onchain, marking a significant step in the tokenization of traditional finance (TradFi) assets. The fund aims to provide investors with enhanced access to high-quality, secure investment opportunities through blockchain technology.
The launch of this tokenized fund represents a potential blueprint for the future of TradFi tokenization, as it combines the security and transparency of blockchain with the stability of AAA-rated financial instruments. This development could pave the way for more traditional financial products to be tokenized, offering greater efficiency and accessibility to a broader range of investors.
Securitize and BNY Mellon Launch Tokenized Fund with AAA-Rated CLOs
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
