Securitize Introduces Tokenized Exposure to KKR’s Fund on Avalanche

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Securitize, a digital asset securities firm, on Tuesday introduced a tokenized fund that provides exposure to global investment firm KKR’s Health Care Strategic Growth Fund II (HCSG II).

The HCSG II provides investment capital to innovative healthcare companies in North America and Europe to commercialize and scale their growth.

Securitize said the new tokenized fund, which was launched on smart contract platform Avalanche, is the first time KKR’s institutional-grade fund has been made available to individual investors in the US in a digital format.

The firm further noted that the launch marks “an important step in making institutional private market strategies more accessible to individual investors.”

Secure in press statement revealed that the fund will be managed by Securitize Capital, its digital asset management arm.

Carlos Domingo, co-founder and CEO of Securitize, said CoinDesk the tokenized fund is “a feeder fund of KKR’s flagship healthcare fund.”

“Lone Year Challenge”

Securitize in the statement explained that private market funds have historically been unavailable to individual investors, as only large institutional investors and ultra-high-net-worth individuals could afford them.

“Unlocking broader access to private market investment has been a long-standing challenge for the industry,” the digital securities firm noted.

“Tokenization helps solve this by enabling technology to deliver lower investment minimums, improved digital investor onboarding and compliance protocols, and increased potential for liquidity through a regulated alternative trading system,” Securitize explained.

Domingo explained further that tokenization provides potential solutions to the several challenges blocking individual investors from participating in private market investments.

Tokenization empowers technological and product innovations that were previously unimaginable, he further noted.

“This new fund is an important step towards democratizing access to private equity investments through more efficient access to institutional quality products,” said the CEO.

Also, speaking in the statement, Dan Parant, the Managing Director and Co-Head of US Private Wealth at KKR, noted that the leading investment firm is pleased to be an early adopter of blockchain technology.

“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 said.

Digital asset securities company Securitize on Tuesday introduced a tokenized fund that provides exposure to global investment firm KKR’s Health Care Strategic Growth Fund II (HCSG II).

The HCSG II provides investment capital to innovative healthcare companies in North America and Europe to commercialize and scale their growth.

Securitize said the new tokenized fund, which was launched on smart contract platform Avalanche, is the first time KKR’s institutional-grade fund has been made available to individual investors in the US in a digital format.

The firm further noted that the launch marks “an important step in making institutional private market strategies more accessible to individual investors.”

Secure in press statement revealed that the fund will be managed by Securitize Capital, its digital asset management arm.

Carlos Domingo, co-founder and CEO of Securitize, said CoinDesk the tokenized fund is “a feeder fund of KKR’s flagship healthcare fund.”

“Lone Year Challenge”

Securitize in the statement explained that private market funds have historically been unavailable to individual investors, as only large institutional investors and ultra-high-net-worth individuals could afford them.

“Unlocking broader access to private market investment has been a long-standing challenge for the industry,” the digital securities firm noted.

“Tokenization helps solve this by enabling technology to deliver lower investment minimums, improved digital investor onboarding and compliance protocols, and increased potential for liquidity through a regulated alternative trading system,” Securitize explained.

Domingo explained further that tokenization provides potential solutions to the several challenges blocking individual investors from participating in private market investments.

Tokenization empowers technological and product innovations that were previously unimaginable, he further noted.

“This new fund is an important step towards democratizing access to private equity investments by delivering more efficient access to institutional quality products,” said the CEO.

Also, speaking in the statement, Dan Parant, the Managing Director and Co-Head of US Private Wealth at KKR, noted that the leading investment firm is pleased to be an early adopter of blockchain technology.

“With its ability to digitize operational inefficiencies and increase convenience for individual investors, blockchain technology has the potential to play an important role in the future of private markets,” Parant said.

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