Hamilton Lane, in partnership with Libre, launches the first private credit fund on the Solana blockchain, marking a significant milestone in the tokenization of real-world assets （RWAs）.
Points
- Hamilton Lane launches the first private credit fund on Solana.
- Partnership with Libre, leveraging its Web3 protocol technology.
- Integration aims to democratize finance and expand access to private market investments.
- Growing trend of tokenizing real-world assets （RWAs） among major investment firms.
Hamilton Lane, an alternative investment management firm, has announced the launch of the first private credit fund on the Solana blockchain. This groundbreaking initiative is a collaboration between Hamilton Lane and Libre, a Web3 protocol backed by Brevan Howard and Nomura. The partnership leverages Libre’s technology to issue and distribute funds on-chain, representing a major step towards democratizing finance.
Integrating with Solana
Nick Ducoff, Head of Institutional Growth at the Solana Foundation, noted the importance of this integration. By launching the Senior Credit Opportunities Fund （SCOPE） on the Solana blockchain, Hamilton Lane aims to broaden access to private market investments beyond traditional high-net-worth individuals. This integration is part of a broader trend among major investment firms to tokenize funds and bring real-world assets （RWAs） on-chain.
Growing Embrace of Blockchain
The announcement by Hamilton Lane and Libre reflects a growing trend among the world’s investment behemoths to turn to blockchain technology for fund tokenization. This new shift has created a substantial market where RWAs, including private credit and real estate, are being brought on-chain. For instance, BlackRock recently achieved a $500 million market cap for its tokenized money market fund, BUIDL, just four months after its launch.
Benefits of Tokenization
Libre offers the infrastructure necessary for firms to bring RWAs to users, providing additional benefits such as trading and collateralized lending. Solana’s low latency and high throughput capabilities make it an ideal network for these tokenization efforts. By tokenizing traditional securities such as private funds, money market funds, and exchange-traded funds （ETFs）, Hamilton Lane aims to provide greater liquidity, transparency, and accessibility.
Future Prospects
Securitize, the transfer agent and broker-dealer for BlackRock’s BUIDL, underscores the potential for broader adoption of tokenized assets. Hamilton Lane’s initiative with Solana and Libre sets a precedent for other asset managers to follow, potentially transforming the financial landscape and democratizing access to high-performing investment opportunities.
解説
- Groundbreaking Initiative: Hamilton Lane launches the first private credit fund on Solana.
- Partnership: Collaboration with Libre to leverage Web3 protocol technology.
- Tokenization: Trend of tokenizing real-world assets （RWAs） for greater accessibility and liquidity.
- Benefits: Enhanced liquidity, transparency, and democratization of finance.
- Future Trends: Potential for broader adoption of tokenized assets among major investment firms.