Private equity firm Aurum Equity Partners has announced the launch of a $1 billion combined tokenized fund for investments in data centers.
The fund will use XRP Ledger (XRPL) and Zoniqx technology to create security tokens of underlying financial instruments and bills itself as the “world’s first combined equity and debt tokenized fund.”
The fund will invest in data centers in the United States, United Arab Emirates, Saudi Arabia, India and Europe.
The initiative will leverage Zoniqx's cutting-edge Tokenized Asset Lifecycle Management (TALM) solution and Dynamic Compliant Interoperable Security Token (DyCIST) protocol to transform Aurum Equity Partners' assets into tokenized financial instruments. @Peraspera ad astra