Hong Kong’s Flow Capital plans to bring $150 million private credit fund onchain: report

Hong Kong’s Flow Capital plans to bring a $150 million private credit fund onchain and aims to raise an additional $30 million in tokenized shares by the end of 2023, according to Bloomberg. This move highlights growing institutional interest in tokenized assets and onchain credit markets in Asia.

Chainshorts summarizes news into 60-word briefs. Full article is owned and hosted by The Block. Read the original via the link above. Chainshorts users earn SKR for reading in the app.