Securitize brings the tokenized Hamilton Lane credit fund to multiple chains, adding features for DeFi users.

PANews, July 17th news, according to CoinDesk reports, real-world asset platform Securitize has partnered with investment firm Hamilton Lane, which has Assets Under Management totaling $956 billion, to upgrade its tokenized private sale credit fund. After the upgrade, the fund covers multiple blockchains and adds features for DeFi users. Its SCOPE fund was launched in 2023 on the Polygon blockchain, and now achieves blockchain interoperability through Wormhole, allowing usage on Ethereum and Optimism blockchains. Investors can transfer fund shares across chains, enhancing participation and liquidity. In addition, Securitize supports daily Net Asset Value (NAV) pricing through the RedStone Oracle Machine, allowing investors to access the fund instantly. There are two redemption methods: on-demand redemption through a built-in liquidity pool or monthly scheduled withdrawals. A key new feature is the new sSCOPE Token, designed for regulated DeFi composability, which can be deployed to on-chain lending platforms or liquidity pools.