PANews reported on February 19 that according to Bloomberg, Singapore blockchain platform DigitFT will provide a tokenized version of the $6.3 billion Invesco private credit fund. Institutional investors can use U.S. dollars or stablecoins USDC and USDT to purchase tokenized shares of the underlying assets of the Invesco fund, according to a statement from DigitFT on Wednesday. DigitFT CEO Henry Zhang said that the Invesco fund invests in the company's senior secured loans and has an annualized net return of 4.5% since its inception in 2006.

Henry Zhang said in an interview: "This is the first and only tokenized private credit fund that provides daily liquidity. Currently, the redemption cycle of most tokenized private credit funds is quarterly or even longer, which makes them less attractive to investors seeking greater flexibility." Henry Zhang said that DigitFT aims to eventually provide instant settlement for the tokenized version of the Invesco fund, compared with the settlement time of up to 5 days for the underlying fund.