
Hamilton Lane Expands SCOPE Fund with Securitize and Wormhole Integration
Asset manager Hamilton Lane has made the bold move to expand its Senior Credit Opportunities Securitize Fund (SCOPE) by integrating Securitize and Wormhole. This strategic partnership will bring enhanced features, including daily NAV pricing, instant subscriptions, and on-demand redemptions, to SCOPE.
SCOPE initially launched in 2022 but is now set to revolutionize the financial sector with its seamless interoperability across blockchain networks. The integration of Securitize and Wormhole enables the transfer of SCOPE tokens across supported ecosystems, allowing Hamilton Lane to access capital in a secure and transparent manner.
Wormhole plays a crucial role in this partnership by providing a single pool of liquidity and serving as collateral for developers to integrate into decentralized finance (DeFi) opportunities. Robinson Burkey, Co-Founder of the Wormhole Foundation, notes that the transfer of SCOPE across blockchain networks represents a significant shift towards seamless interoperability in the financial sector.
This move is seen as a step towards creating a borderless financial system where financial assets can be managed and transferred effortlessly. Built on Wormhole’s secure and decentralized infrastructure, this innovative system has the potential to change the game for how financial assets are handled.
Source: Blockchain.News