Solana

Libre

<h4><strong>The company has <a href="https://www.hamiltonlane.com/en-us/news/news-libre-launches-scope-on-solana" target="_blank" rel="noopener noreferrer nofollow">launched</a> its Senior Credit Opportunities Fund (SCOPE) on the Solana blockchain.</strong></h4>
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          <p>This event marks the first institutional fund launched on this high-speed, low-cost blockchain. It heralds a new era of financial democratization.</p>
          <h5><strong>First Institutional Fund Launch on Solana Blockchain</strong></h5>
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<p>The launch of SCOPE is a collaborative effort with Libre, a Web3 protocol backed by Brevan Howard’s WebN Group and Nomura’s Laser Digital. <a href="https://x.com/librecap" target="_blank" rel="noopener noreferrer nofollow">Libre</a> specializes in issuing and distributing on-chain funds, making it a key player in this innovative initiative. The partnership aims to democratize finance by providing broader access to alternative investments.</p>
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    <p>SCOPE is an evergreen senior private credit fund providing stable private market exposure. By leveraging the Solana blockchain, <a href="https://x.com/hamilton_lane" target="_blank" rel="noopener noreferrer nofollow">Hamilton Lane</a> is expanding access to private credit opportunities, allowing a wider audience to participate in these investments. The move significantly lowers the barriers to entry for investors, who can now access high-quality private credit funds through a decentralized platform.</p>
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<p><img fetchpriority="high" decoding="async" class="wp-image-146370 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/cxvvbcbnvhnghg-300x255.jpg" alt="" width="503" height="427" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/cxvvbcbnvhnghg-300x255.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/cxvvbcbnvhnghg.jpg 390w" sizes="(max-width: 503px) 100vw, 503px"></p>
<h6 style="text-align: center;"><strong>Source: <a href="https://x.com/niamhrowe7/status/1815699389819543766" target="_blank" rel="noopener noreferrer nofollow">X</a></strong></h6>
<p>This ensures that investors can benefit from efficient, transparent, and cost-effective transactions. Furthermore, <a href="https://www.altcoinbuzz.io/?s=Solana" target="_blank" rel="noopener noreferrer nofollow">Solana’s</a> robust security features provide an added layer of confidence for institutional investors venturing into the blockchain space.</p>
<p>Hamilton Lane’s initiative represents a significant step towards the broader adoption of blockchain technology in the financial industry. By bringing an institutional-grade private credit fund to the blockchain, Hamilton Lane is setting a precedent for other financial institutions to follow. This move not only enhances the accessibility of private credit investments but also demonstrates the potential of blockchain technology to revolutionize traditional finance.</p>
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<h6><strong>Disclaimer</strong></h6>
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p>
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/hamilton-lane-launches-private-credit-fund-on-solana/" rel="noopener noreferrer nofollow">Hamilton Lane Launches Private Credit Fund on Solana</a> appeared first on <a href="https://www.altcoinbuzz.io" rel="noopener noreferrer nofollow">Altcoin Buzz</a>.</p>

Hamilton Lane Launches Private Credit Fund on Solana

Altcoin Buzz

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