Securitize Rolls Out Tokenized Credit Fund with BNY on Ethereum

Tokenization specialist Securitize rolled out a tokenized credit fund  with $57 trillion financial services giant BNY as appetite for real-world assets (RWA) is quickly growing. The Securitize Tokenized AAA CLO Fund (STAC), available on the Ethereum  network, aims to offer onchain investors exposure to collateralized loan obligations (CLOs), according to a press release on Wednesday. BNY will act as custodian of the fund’s assets, while investment management will be handled by Insight, a BNY subsidiary f ...