Flow Capital to Tokenize $150 Million Private Credit Fund

BlockBeats News, April 17: According to Bloomberg, Flow Capital Partners plans to tokenize its $150 million private credit fund on a Singapore-based blockchain platform by the end of this month, becoming one of the first asset management firms in Asia to leverage the growing liquidity of stablecoins. The Hong Kong-based alternative asset management company will offer its master fund through DigiFT Tech Pte. and plans to raise an additional $30 million through tokenized shares by the end of this year. The company's Chief Investment Officer, Jacky Tian, stated that the goal is to expand the fund, launched in June, to $250 million by the end of the year.