Securitize and BNY Mellon Launch Tokenized AAA CLO Fund
Securitize and BNY Mellon have launched a tokenized AAA CLO fund on Ethereum to expand institutional access to secure on-chain credit markets.
The new fund offers investors exposure to AAA-rated collateralized loan obligations, making institutional-grade credit products accessible on-chain.
BNY Mellon will safeguard the underlying assets, while its subsidiary, Insight Investment, will manage the fund’s portfolio strategy.
Securitize, in collaboration with BNY Mellon, has launched a tokenized fund backed by AAA-rated collateralized loan obligations (CLOs) — bringing traditional credit products fully on-chain.
- The world market of collateralized loan obligations is currently over $1.3 trillion.
- This indicates high demand for structured credit products.
Author's summary: Securitize and BNY Mellon launch tokenized fund.
More News
- CalCPA CFO Natalie Quan on reshaping the image of the CPA
- OpenAI unveils Aardvark, an autonomous GPT-5 agent built to hunt software vulnerabilities - SiliconANGLE
- The War You Can’t See: Gray Zone Operations Are Reshaping Global Security
- Hyundai Motor Breaks Ground on Hydrogen Fuel Cell Production Facility in Korea | AAP
- Anker SOLIX Reshapes Australia's Home Energy Market with Proven Global Power | AAP
- Ugly estate disputes are getting more common, but can be prevented