Cointime

  • BTC $16970.95 -0.01 %
  • ETH $1269.88 -0.02 %
  • BCH $111.70 -0.09 %
  • SOL $13.55 0.07 %
  • XRP $0.39 0.05 %
  • BNB $291.40 -0.03 %

Apollo and Hamilton Lane Launch Blockchain Investment Vehicles With Figure

1 min read Original Link

Asset managers Apollo Global Management and Hamilton Lane are launching investment vehicles on the blockchain using technology developed by fintech company Figure.

The investment firms will leverage Figure's Digital Fund Services (DFS) platform, which will support on-chain fund subscriptions as well as ongoing fund operations and administration, Figure said in a statement. 

Investors will also benefit from DFS's universal passporting feature, which enables an anonymized record of verified know-your-customer credentials to be stored on-chain and used across multiple funds, the company said.

(by Kari McMahon)

All Comments