Flow Capital to tokenize $150M private credit fund

Hong Kong-based asset manager Flow Capital plans to tokenize a $150 million private credit fund, Bloomberg reported. The firm will utilize Singaporean blockchain platform DigiFT for the initiative. Flow Capital Chief Investment Officer (CIO) Jacky Tian stated that the company aims to raise an additional $30 million by the end of the year through equity tokens, with plans to expand the total fund size to $250 million.