Securitize Tokenizes $4B Investment Fund on Avalanche Blockchain

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Securitize Capital has concludedagreement to tokenize the Health Care Strategic Growth Fund II (HCSG II) asset management company KKR. Tokens will be issued on the Avalanche network.

HCSG II fund with a capitalization of $4 billionfocuses on investments in companies operating in the healthcare sector. The fund's portfolio currently includes shares of 23 North American and European companies. With the help of tokens, private investors will be able to gain access to the fund.

In order to buy HCSGII fund tokens inSecuritize protocol, users will need to undergo verification - provide passport data, fill out tax reports and provide additional personal information. In this case, a commission of 0.5% is assumed for investments.

“Securitize tokenizes flagship fundKKR, one of the largest organizations in the world, on the Avalanche network. This is a huge milestone for blockchain – Wall Street institutions and real assets appearing on the blockchain,” wrote Ava Labs co-founder and CEO Emin Gun Sirer.

KKR representatives noted that tokenizationassets allows for “lower minimum investment thresholds, improved investor registration and regulatory compliance protocols, and increased liquidity potential through a regulated alternative trading system.”

Let us recall that last fall Securitize launched an alternative system for trading tokenized shares of private companies called Securitize Markets.