Aurum Equity Partners Launches $1B Tokenized Fund on XRP Ledger

Aurum Equity Partners unveiled the world's first hybrid equity and debt tokenized $1 billion Fund, powered by Zoniqx's asset tokenization technology.

Aurum Equity Partners has launched a $1 billion tokenized equity and debt fund on the XRP Ledger, an enterprise-grade blockchain network linked with Ripple.

The XRP Ledger is designed to facilitate fast, energy-efficient, and low-cost transactions, making it suitable for large-scale asset tokenization.

The fund will seek investments in data centers across the US, the UAE, Saudi Arabia, India, and Europe. It is being heavily promoted as the “world’s first combined equity and debt tokenized fund” that allows investors to engage in a hybrid model by utilizing both asset classes via blockchain technology.

Announced: Aurum Equity Partners Launches $1 Billion Tokenized Equity and Debt Fund

Aurum Equity Partners has unveiled the world’s first hybrid equity and debt tokenized $1 billion Fund, powered by Zoniqx’s asset tokenization technology.

The initiative will leverage the XRP Ledger, a decentralized and open-source Layer 1 blockchain, to power real-world asset tokenization for data center investments.

?NEW – Tokenization of assets is happening on the XRP Ledger!

Aurum Equity Partners Launches $1 Billion Tokenized Equity and Debt Fund Using Zoniqx and XRP Ledger Technology https://t.co/K7hhiV0Dt9#xrp #xrpl #xrpledger #tokenization #ripple pic.twitter.com/QThGUJGEAN

— Tony Edward (Thinking Crypto Podcast) (@ThinkingCrypto1) October 22, 2024

The project will set up data centers across key regions such as the United States, United Arab Emirates, Saudi Arabia, India, and Europe; therefore, this has been one of the major applications of blockchain in better managing and accessing conventionally illiquid assets such as private equity and debt.

The new launch marks a vital milestone in the growth trajectory of both the XRP Ledger and Ripple Labs, proving their ambition to tap into the growing RWA tokenization market.

Recently, institutional interest in exploring Blockchain applications for classical financial instruments like bonds and equity, operating efficiently and offering faster settlements around the clock, has caught new attention.

Several reports from McKinsey, BCG, and others forecast RWA markets to grow to trillions of dollars over the coming years.

Stablecoin to Unlock Liquidity for Tokenized Assets

In related news, Ripple is awaiting the regulatory nod from New York State to introduce its stablecoin pegged with the US dollar.

This motive is to introduce liquidity and, further, tokenize and settle financial assets across its XRP Ledger XRPL network.

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