According to Odaily Planet Daily, Hamilton Lane, a leading global alternative asset investment institution, announced the launch of the private credit fund Senior Credit Opportunities Fund (SCOPE) on the Solana blockchain.

To this end, Hamilton Lane has partnered with Libre, a Web3 protocol for issuing and distributing money on Polygon.

Libre is a joint venture between hedge fund Brevan Howard's WebN Group and Nomura Securities' crypto firm Laser Digital.

Avtar Sehra, CEO and founder of Libre, said tokenizing SCOPE provides an opportunity to deepen Hamilton Lane’s distribution.