- Global asset manager Invesco enters RWA tokenization through partnership with Singapore‘s DigiFT for private credit fund.
- Investment threshold starts at $10,000, significantly lower than traditional private credit funds.
- DigiFT plans to implement liquidity pools for instant token redemptions, compared to current 5-day settlement period.
- Partnership marks DigiFT’s second major collaboration following UBS’s uMint distribution agreement.
- Private credit tokenization gains momentum with Figure’s $9.3 billion and Tradable’s $1.7 billion in tokenized assets.
Global asset management giant Invesco, with $1.9 trillion in assets under management, is expanding beyond crypto ETFs into real-world asset tokenization through a strategic partnership with Singapore-based DigiFT. The collaboration focuses on tokenizing a senior private credit fund, marking Invesco’s first venture into the growing digital assets infrastructure space.
The initiative joins a growing trend of traditional finance powerhouses embracing fund tokenization. Franklin Templeton pioneered early adoption, while BlackRock‘s BUIDL platform has recently captured industry attention. This movement represents a significant shift in how traditional asset managers approach digital asset technology.
DigiFT, operating under Singapore’s regulatory framework with both capital markets and market operator licenses, implements the tokenization through a special purpose vehicle (SPV). Investors can participate using either stablecoins or traditional fiat currency, with the SPV handling the underlying fund investments.
“On the back of rapid developments in distributed ledger technology, fund tokenization is one of the most remarkable trends,” explains Noelle Lim, Invesco’s Singapore CEO, highlighting the transformation of traditional asset management through blockchain technology.
Henry Zhang, DigiFT’s Founder and CEO, outlined future innovations, including an on-chain liquidity pool system: “They can get a hundred dollars if they can wait five days, if they’re not in a hurry for liquidity. But if they want it in five seconds, they probably see $99.90 as good, or $99.80 as good.”
The tokenization landscape for private credit has already seen significant activity. Figure has tokenized approximately $9.3 billion in home loans on the Provenance blockchain, while Tradable, associated with Janus Henderson, has processed $1.7 billion in private credit tokenization.
The initiative prioritizes accessibility for accredited and institutional investors, with a modest $10,000 minimum investment requirement. This represents a significant reduction from traditional private credit fund thresholds, potentially democratizing access to this asset class. Additionally, the fund offers daily redemptions, a rare feature in Asian markets where monthly redemptions are standard.
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