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Tether, Fasanara launch $400M private credit fund targeting $3B

The evergreen fund will use USDT infrastructure to support asset-backed lending through fintech platforms in more than 60 countries.
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07-07 03:00

Asseto's NGI+ platform has officially launched, with on-chain implementation completed by Partners Group's private infrastructure strategy.

Odaily Odaily reports that Asseto recently announced that its technology platform now supports the official launch of the tokenized product NGI+, bringing the private equity infrastructure strategy managed by global private equity investment management firm Partners Group onto the blockchain. NGI+ is an on-chain token backed by private infrastructure fund equity. The underlying strategy is managed by Partners Group, which manages over $185 billion in assets, while Asseto provides NGI+ with smart contracts, on-chain equity records, and related operational technical support. This underlying strategy primarily invests in infrastructure assets such as data centers, energy infrastructure, power grids, and transportation. Traditionally, such private infrastructure strategies are offered to qualified high-net-worth and institutional investors primarily through private banks and other professional investment channels. Through Asseto's tokenization technology, holders who meet the applicable investor qualifications and product access requirements can obtain on-chain economic exposure linked to the net asset value performance of the underlying strategy, in accordance with the terms set forth in the relevant product documents. The launch of NGI+ further expands the application of the Asseto technology platform in alternative asset tokenization scenarios such as private equity infrastructure.

07-08 08:24

Mirae Asset's Hong Kong branch will launch a tokenized asset trading platform within three years, initially targeting Hong Kong clients.

According to a report by Straight News, Mirae Asset's Hong Kong branch plans to launch a tokenized asset trading platform within the next three years. This platform aims to convert existing investment assets and traditional financial assets into tokens for clients to trade. The company has recently expanded its business based on its newly launched trading platform, MAPS (Mirae Asset Portfolio Service), striving to transform from institutional business to a client-centric platform. Initially targeting Hong Kong clients, the platform's long-term goal is to establish a cross-regional trading architecture connecting South Korea and overseas markets.

09-04 04:33

US, UK launch joint alliance targeting crypto scam centers

The agreement includes parallel investigations and information sharing, with US and UK authorities planning a private-sector disruption operation in London in October.

08-19 10:20

Nexo launches regulated crypto-backed credit in Australia

Nexo introduced regulated, cryptocurrency-backed credit lines that allow users to access liquidity in Australian dollars or stablecoins by borrowing against their digital assets.

08-18 15:59

Neuberger teams with Securitize on multi-chain tokenized fixed-income fund launch

The $613 billion asset manager will subadvise a high-yield fund tokenized across Ethereum, Solana, Avalanche and Sui.

07-08 09:03

The world's first fully automated robotic pharmacy has been launched, securing $12.6 million in funding to accelerate its commercialization.

Mars Finance reports that Queue, a California-based startup, recently launched the world's first fully automated robotic pharmacy. This technology comes at a time of severe labor shortages and a growing "pharmacy desert" in the United States. Simultaneously, the company announced it has successfully raised $12.6 million, which will be used to accelerate the research and deployment of the automated system. (Cailian Press)