"DigiFT & Invesco: Pioneering Tokenized Private Credit in Singapore"

DigiFT, a Singapore-based, licensed on-chain exchange, has announced a collaboration with global investment management firm Invesco to offer a tokenized solution for accredited and institutional investors. This partnership will provide access to one of Invesco's private credit strategies via DigiFT's platform, marking the first and only token out of Singapore with daily trading that offers access to such a strategy.

The DigiFT token will invest in Invesco's private credit strategies, targeting a high level of current income while preserving capital. The strategy will primarily focus on senior secured loans to companies with stable operating profiles, dependable cash flow generation, and strong asset coverage. Subscriptions and redemptions for the token will be accepted in fiat currencies like USD, as well as stablecoins like USDC and USDT.

This collaboration comes at a time when private credit is the most popular alternative asset class, accounting for 68% of tokenized real-world assets (RWAs), according to RWA.xyz. As US Treasury rates are expected to decrease, this trend is likely to continue. DigiFT aims to be the preferred partner for leading institutional players in the growing RWA market, having recently been appointed as an authorized distribution partner for another global asset manager to launch their first tokenized money market fund.

Henry Zhang, Founder & Chief Executive Officer of DigiFT, expressed his enthusiasm about the partnership: "We believe that working with the best teams to bring the best in-class assets on-chain is more important than being the first to market. To bring truly institutional-grade assets on-chain requires nothing less than having the best partners in the business like Invesco."

Noelle Lim, Invesco's CEO of Singapore and Head of Private Banks, Asia ex Japan, also shared her excitement: "On the back of rapid developments in distributed ledger technology, fund tokenization is one of the most remarkable trends. Many advantages of this innovation are finding a new home in the asset management space, transforming the industry. We are excited that an innovative platform like DigiFT is offering this solution, opening up more investment opportunities for investors."

DigiFT has also partnered with custodians like Copper, Komainu, Rakkar, and Zodia to provide seamless access to its tokenized RWAs for Web3 asset managers and owners. The platform is actively seeking to partner with more issuers, DeFi