Securitize partners with Elixir to provide blockchain liquidity support for Hamilton Lane fund.

According to reports, Securitize announced a partnership with Elixir to provide liquidity support for Hamilton Lane's High Yield Credit Opportunity Fund (HLSCOPE).

According to the agreement, the HLSCOPE fund will allocate up to 5% of physical assets as reserves to support deUSD (a synthetic dollar generated by collateralizing stETH and sDAI).

The collaboration will enable 24/7 minting and redemption of the HLSCOPE fund, supporting instant swaps between tokenized funds and stablecoins across multiple blockchain networks. The total asset value of the HLSCOPE fund on the Polygon network is approximately $9 million, primarily invested in senior secured private credit and senior secured loans in North America and Europe.

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MidnightTradervip
· 1h ago
These collaborations are pretty useless, aren't they? Just empty talk.
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ShadowStakervip
· 07-31 16:15
hmm just another yield optimization play... seen these come and go tbh
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Layer2Observervip
· 07-31 16:13
A 5% collateral rate is a bit low, not enough to see.
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RugPullAlarmvip
· 07-31 16:08
5% reserve ratio? Heh, just wait for the crash.
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MercilessHalalvip
· 07-31 15:51
Is this deUSD reliable...
View OriginalReply0
MintMastervip
· 07-31 15:48
Another stablecoin project? I'm fed up with them.
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