**Aurum Equity Partners Launches $1B Tokenized Fund**
Investment banking firm Aurum Equity Partners has unveiled a $1 billion tokenized fund, blending equity and debt assets. Announced on Oct. 22, the fund aims to set up data centers in the U.S., UAE, Saudi Arabia, India, and Europe.
Key Points:
- Utilizes Zoniqxâs asset tokenization and DyCIST protocol.
- Leverages XRP Ledger for real-world asset tokenization.
- Attracts smaller investors by converting assets into tokenized financial instruments.
David Schwartz of Ripple highlights tokenization's potential to address illiquidity and access issues in private equity. Aurum, known for sustainable infrastructure investments, joins a growing trend, with experts predicting the tokenization market could hit $4-$30 trillion by 2030.
