Digital asset exchange DigiFT has launched Invesco’s tokenized private credit strategy on Arbitrum, further expanding the use cases of real-world assets (RWA) and giving institutional investors access to onchain credit markets.
According to a March 13 announcement, Invesco’s US Senior Loan Strategy (iSNR) token is now live on Arbitrum, a popular Ethereum layer-2 network.
The tokenized asset was launched on Feb. 19 and is designed to track the performance of a private credit fund managed by Invesco, a publicly traded investment manager headquartered in Atlanta, Georgia.
At the time of launch, the Invesco fund had $6.3 billion in assets under management, according to Bloomberg.
DigiFT described the iSNR token as the “first and only tokenized private credit strategy.”
The iSNR tokenized fund has a minimum investment of $10,000. Source: DigiFT
DigiFT CEO Henry Zhang said adding iSNR to Aribitrum increases its utility by “allowing DeFi applications,