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Hamilton Lane Launches $920.7 Billion Private Credit Fund on Solana

Institutional tokenization firm LibreCap is bringing its range of blockchain-based funds to the high-speed Solana network
By: DeepNewz • July 23, 2024
Hamilton Lane Launches $920.7 Billion Private Credit Fund on Solana

Institutional tokenization firm LibreCap is bringing its range of blockchain-based funds to the high-speed Solana network.

Additionally, Hamilton Lane, an asset manager with $920.7 billion in assets under management, has launched a private credit fund on Solana. This move makes wealth management more accessible by allowing investments in alternative assets, such as private credit funds, with a minimum of $10,000 instead of the traditional $250,000 threshold.

This development is part of a broader trend of increasing accessibility and democratization of finance through blockchain technology.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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