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,

Read More at https://cointelegraph.com/news/digift-invesco-private-credit-token-arbitrum?utm_source=rss_feed&utm_medium=rss%3Ft%3D1741939278403&utm_campaign=rss_partner_inbound