According to Odaily, Hamilton Lane, a leading alternative asset investment firm managing over $900 billion, announced on Tuesday the launch of its private credit fund, Senior Credit Opportunities Fund (SCOPE), on the Solana blockchain. This initiative is in collaboration with Libre, a Web3 protocol designed for issuing and distributing funds on Polygon. Libre is a joint venture between Brevan Howard's WebN Group and Nomura's crypto company, Laser Digital.

Libre's CEO and founder, Avtar Sehra, highlighted that by catering to a significant number of high-net-worth cryptocurrency-native traders, the tokenized SCOPE offers an opportunity to deepen Hamilton Lane's distribution network.