Singapore-based blockchain platform DigiFT launches bEQTY, a US stock income fund.
Singapore-based blockchain platform DigiFT announced the launch of its US equity income fund, bEQTY, on the Ethereum public blockchain. The fund aims to extend tokenization to actively managed listed stocks and is primarily targeted at accredited investors, enabling them to build more comprehensive, portfolio-related strategies on-chain. Bank of New York Mellon (BNY) is serving as the investment management service provider. (Fundselectorasia)
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