According to Fortune, on July 23, asset management company Hamilton Lane announced a partnership with Web3 protocol Libre to launch the Senior Credit Opportunities Fund (SCOPE) on the Solana blockchain, aiming to attract "crypto-native" traders and enhance distribution capabilities. Hamilton Lane manages more than $900 billion in assets and is one of the world's largest alternative asset investment companies.
Libre is a Web3 protocol for issuing and distributing funds on Polygon, a joint venture between hedge fund Brevan Howard’s WebN Group and Nomura’s crypto firm Laser Digital. Avtar Sehra, CEO and founder of Libre, said tokenized SCOPE provides an opportunity to deepen Hamilton Lane’s distribution by serving a “large number of high-net-worth crypto-native” traders.
