20-2-2025 – Singapore-based blockchain exchange DigiFT has joined forces with investment giant Invesco to tokenise a $6.3 billion private credit fund, marking one of the largest such initiatives in Asia-Pacific to date.
The partnership, announced yesterday, will enable qualified institutional investors and accredited individuals to access private credit investments through various payment options, including traditional US dollars and digital stablecoins USDC and USDT.
The fund, which has maintained a steady 4.5% annual net yield since its establishment in 2006, primarily invests in senior secured loans to established enterprises. Through tokenisation, investors can now trade their positions daily, significantly improving the liquidity typically associated with private credit investments.
Speaking at the launch event, Noelle Lim, Chief Executive of Invesco Singapore, expressed enthusiasm about the venture: “The tokenisation of funds represents a watershed moment in the evolution of distributed ledger technology. This collaboration with DigiFT will democratise access to sophisticated investment products.”
Market analysis from RWA.xyz indicates that private credit currently dominates the tokenised real-world asset space, comprising 68% of all tokenised assets and surpassing traditional securities such as US Treasury bonds. Industry experts suggest this trend could accelerate as interest rates are projected to ease.
To ensure robust security measures, DigiFT has established strategic partnerships with leading digital asset custodians, including Copper, Komainu, Rakkar, and Zodia. These arrangements aim to provide secure access channels for Web3 asset managers, hedge funds, and decentralised autonomous organisations (DAOs).