Blockchain Credit Partners (BCP), www.BlockchainCreditPartners.com,
announced today the launch of the world’s first Tokenized High-Yield
Private Credit Fund with a focus on providing consistent high-yield cash
flow payments through lending against secured assets. The fund has
chosen to use the Securitize platform and protocol for the issuance and
lifecycle management of the fund. The Securitize DS Protocol will allow
for future compliant trading of the fund on an authorized Alternative
Trading System.
The BCP High-Yield Fund is the first time a high-yield private credit
fund has been tokenized using the blockchain. The primary focus of the
fund is on two segments of secured lending: Autos, and Real Estate.
Loans will be in a senior secured position with attractive Loan-To-Value
(LTV) ratios. The fund looks to provide consistent high-yield quarterly
payments that are secured by hard assets on an over collateralized basis.
The BCP High-Yield Fund leverages the Managing Partners’ Gregory
Keough and Derek
Acree substantial experience in the traditional and online secured
lending space. They have also served as C- Level executives at Global
Fortune 500 enterprises.
The BCP Fund advisors and partners include a who’s who in the digital
securities, blockchain, and traditional investments arenas and include:
The
Institute for Blockchain Innovation (IBI), a global think tank
composed of global pioneers in the Digital Securities (Security Token)
and Blockchain Payments space who are building the future of financial
systems on the blockchain
Associate Professor of Finance at University of Oregon, Visiting Fellow,
Cambridge Centre for Alternative Finance, Partner at Collaborative Fund, Steve
McKeon.
President, Securitize, Jamie
Finn: Serial entrepreneur and Co-Founder of Securitize one of the
leading digital security platforms for tokenized securities.
With additional advisors to be announced shortly.
Investing in High-Yield Private Credit has previously been reserved
almost exclusively for ultra-high net worth private banking clients or
hedge fund investors. The BCP Fund tokenization opens this investment
opportunity up to global investors who are seeking secured high-yield
cash flows.
Carlos
Domingo, CEO & Co-founder Securitize, stated “We fully support the
innovation of new financial products that re-imagine the traditional
fund industry. Especially products that were previously only accessible
to hedge funds or ultra-high net worth clients. Tokenized products
running on our DS Protocol will allow funds to trade on regulated
marketplaces and provide investors with additional benefits beyond the 7
year lock up model found currently in most private credit funds.”
About Blockchain Credit Partners (BCP):
Blockchain Credit Partners (BCP) is pioneering the re-imagination of the
fund industry using blockchain technology. Investing in High-Yield
Private Credit has previously been reserved almost exclusively for
ultra-high net worth private banking clients or hedge fund investors.
BCP is making this asset class accessible for a broader group of
investors while leveraging the blockchain and tokenization.
For more information:
www.BlockchainCreditPartners.com
About Securitize:
Securitize delivers trusted global solutions for creating compliant
digital securities. The Securitize compliance platform and protocol
provide a proven, full-stack solution for issuing and managing digital
securities (security tokens). Securitize’s innovative DS Protocol has
the highest adoption rate in the industry and enables seamless, fully
compliant trading across multiple markets simultaneously. Multiple
Securitize powered digital securities are already trading globally on
public marketplaces with many more in the pipeline.
For more information contact: info@securitize.io
Disclaimer
This press release should not be construed as an offer to sell or the
solicitation of an offer to buy any security in any jurisdiction where
such an offer or solicitation would be illegal. We are not soliciting
any action based on this material. It is for the general information of
our clients. It does not constitute a recommendation or take into
account the particular investment objectives, financial conditions, or
needs of individual clients. Before acting on this material, you should
consider whether it is suitable for your particular circumstances and,
if necessary, seek professional advice. The price and value of the
investments referred to in this material and the income from them may go
down as well as up, and investors may realize losses on any investments.
Past performance is not a guide to future performance. Future returns
are not guaranteed, and a loss of original capital may occur. We do not
provide tax, accounting, or legal advice to our clients, and all
investors are advised to consult with their tax, accounting, or legal
advisers regarding any potential investment.
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