Aurum Equity Partners announced the launch of a $1 billion tokenized fund, combining equity and debt assets to modernize infrastructure investment in key regions.
Aurum's Asset Tokenization Initiative
Announced on October 22, the fund focuses on building data centers in the U.S., UAE, Saudi Arabia, India, and Europe. Aurum employs Zoniqx’s asset tokenization technology and the XRP Ledger to attract a broader range of investors.
Tokenization in the Financial World
Tokenization is gaining momentum in the financial world; experts predict significant growth by 2030. Tokenizing private equity is a new area in RWAs, addressing illiquidity and limited access challenges.
Aurum's Expansion
Aurum has focused on sustainable growth in real estate and cloud infrastructure sectors. Prasanth Kalangi, CEO of Zoniqx, expressed satisfaction with the collaboration.
Aurum's tokenized fund is set to transform investment approaches, making them more accessible and liquid for investors.