Personal market change, ADDX, has introduced the tokenisation of Temasek-backed non-public fairness PE agency, Fullerton Fund Administration’s fund-of-funds on its platform.
Fullerton joins PE friends Hamilton Lane, Investcorp and Companions Group in exploring fund tokenisation which, as not too long ago appointed ADDX CEO, Oi-Yee Choo, defined, permits them to broaden their investor base by lowering minimal funding measurement.
“As well as, as a result of tokenisation reduces guide processes and the necessity for a number of intermediaries, it’s a cost-efficient channel for fundraisingTokenisation due to this fact represents a brand new frontier for funds to broaden and develop their AUM property beneath administration,” she instructed FinanceAsia.
Earlier this…
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