New CLO Fund Comes to Blockchain: Securitize CEO
PositiveFinancial Markets

Securitize is making waves in the financial world by going public through a blank-check company initiated by Cantor Fitzgerald. This week, they also announced a partnership with Bank of New York Mellon to bring collateralized loan obligations (CLOs) onto the blockchain. This move signifies a growing trend of traditional Wall Street firms embracing blockchain technology, which is primarily known for its association with cryptocurrency. The Securitize Tokenized AAA CLO Fund aims to provide investors with high-quality CLOs, represented by tokens, marking a significant step in the evolution of finance.
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