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Aurum Equity Partners Announces $1B Tokenized Fund

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2 hours ago


Aurum Equity Partners has announced the launch of a new tokenized fund that will combine equity and debt assets. The fund will focus on establishing data centers in strategically important regions worldwide.

Launch of the Tokenized Fund

Aurum Equity Partners, known for investing in infrastructure assets, announced the launch of a $1 billion tokenized fund. The regions targeted for data center establishment include the United States, UAE, Saudi Arabia, India, and Europe.

Technologies and Solutions

The fund will rely on Zoniqx's asset tokenization solutions, the DyCIST protocol, and the XRP Ledger blockchain to work with real-world assets. These technologies will convert the firm's assets into tokenized financial instruments. According to David Schwartz, CTO of Ripple, tokenizing private assets is a promising direction in real-world asset tokenization.

Growth of Tokenization

Real-world asset tokenization is growing rapidly, with the market expected to expand 50-fold by 2030. Estimates suggest the tokenization market could be worth $4 trillion to $30 trillion by then. Zoniqx CEO Prasanth Kalangi highlighted that their technology is designed to meet the evolving needs of the financial industry.

The launch of the tokenized fund by Aurum Equity Partners reflects the global trend towards increasing the accessibility and efficiency of financial instruments through tokenization technology.

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