Hong Kong-based Flow Capital Partners is planning to offer tokenized shares of its $150 million private credit fund onchain through DigiFT by the end of this month, according to reports from Bloomberg. The company's tokenization strategy represents a significant move toward blockchain-based asset management in the private credit space, aligning with the increasing on-chain developments in digital asset innovation.
Beyond the immediate tokenization, Flow Capital Partners is also seeking to raise an additional $30 million in tokenized shares by the end of this year, as reported by Bloomberg. This expansion of the tokenized offering demonstrates the company's commitment to blockchain-based investment vehicles and suggests confidence in the market demand for tokenized private credit products. According to the latest reports, the company aims to grow the fund to $250 million by the end of this year, as confirmed by Flow Capital's Chief Investment Officer Jacky Tian.
The tokenization will be facilitated through DigiFT, a platform that specializes in blockchain-based financial services, according to the Bloomberg report. This partnership allows Flow Capital Partners to leverage DigiFT's infrastructure for the onchain offering of its private credit fund shares, providing a regulated pathway for tokenizing traditional financial assets. The initiative aligns with Singapore's DigiFT Tech Pte. platform's focus on digital asset innovation and blockchain-based financial services.
