AltaX, Hamilton Lane and Phillip Securities Collaborate on Tokenised Private Credit Fund under MAS’ Project Guardian

The Monetary Authority of Singapore (MAS) has announced an expansion of initiatives to scale asset tokenization standards for financial services, with Alta’s Exchange (AltaX), Phillip Securities Pte. Ltd (PSPL), and Hamilton Lane participating in MAS’s Project Guardian.

This project aims to enhance liquidity and efficiency in financial markets through digital asset tokenization.

Read more LM News

The collaboration focuses on broadening access to Hamilton Lane’s Senior Credit Opportunities Fund (SCOPE) on AltaX, marking a significant step in advancing the private market.

The initiative also includes plans to introduce the world’s first Shariah-compliant tokenized private credit fund, aligning with the Securities Commission Malaysia’s efforts to strengthen the Islamic Capital Market and foster a more inclusive financial ecosystem.

AltaX, Hamilton Lane and Phillip Securities Collaborate

Kelvin Lee, Co-Founder and CEO of Alta, Kelvin Lee, Co-founder and CEO of Alta, highlights the challenges of limited liquidity and accessibility in fixed income investments, particularly for smaller investors.

He emphasizes AltaX’s commitment to overcoming these barriers through blockchain technology and strategic collaborations with Hamilton Lane and PSPL, aiming to enhance financial inclusivity and broaden access to the private credit market for a diverse range of investors.