🚀 Tokenize This! Invesco’s $6.3B Credit Fund Gets DigiFT Makeover 🤑

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Move over, traditional finance! 🌊 Blockchain’s big splash comes in the form of DigiFT’s latest shenanigan: tokenizing Invesco’s $6.3 billion private credit fund. It’s like the blockchain just bought a shiny new suit! 🎩

Now, bigwig investors can scoop up tokenized shares for a song (or a US dollar, or a stablecoin like USDC or USDT). Bloomberg’s got the scoop! 🗞️ This Invesco fund, a juicy investment since 2006, has been dishing out a cool 4.5% annual net yield, says DigiFT’s very own Henry Zhang.

Redemption cycles giving you the blues? Fear not! This tokenized fund is like a 24/7 convenience store for your investment needs, offering daily liquidity. Tokenization is hot, and private credit is leading the charge, according to rwa.xyz. 🚀

Invesco, the big kahuna with $1.9 trillion in assets, has dabbled in crypto before, but this DigiFT teamwork is its first foray into fund tokenization. They’re predicting a tokenized future worth $600 billion by 2030. That’s some serious digital dough! 💸

DigiFT is no stranger to the tokenization game. They’ve just become BFFs with UBS’s uMint, a tokenized money market fund. Licensed and regulated in Singapore, this platform is playing by the rules… but still having fun! 🎉

Despite daily redemptions, settling up with DigiFT’s tokenized fund takes a leisurely five days. But fear not, Zhang has a plan: an on-chain liquidity pool for quickie redemptions at a teeny-tiny discount. What a guy! 🌟

As big shots like Franklin Templeton and BlackRock jump on the tokenization bandwagon, DigiFT’s latest trick shows that blockchain is the new black in TradFi. Watch out, world! 🌍

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2025-02-19 06:18