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.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
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.
Consulte Mais informação »
KKR experiments with listing private equity investments on Avalanche: WSJThe move will expand individual investors' access to private investment vehicles.
Consulte Mais informação »
KKR Makes Piece of PE Fund Available on Public BlockchainThe tokenized fund will allow individuals to invest smaller amounts than would be required of institutions.
Consulte Mais informação »
Brand new OnePlus 11 Pro design leaks early with Alert Slider rerunThe giant circular camera island keeps us hopeful for upgraded photography skills.
Consulte Mais informação »
Teacher shortages are real, but not for the reason you heardThe U.S. education secretary has called for investment to keep teachers from quitting.
Consulte Mais informação »