Securitize partners with BNY Mellon launch tokenized fund backed by AAA-rated credit
Securitize has partnered with BNY Mellon to launch a tokenized fund offering onchain exposure to AAA-rated collateralized loan obligations. Summary BNY Mellon will safeguard the fund’s underlying assets and manage its portfolio through a subsidiary. Grove, an institutional credit protocol, plans to anchor the fund with a $100 million allocation, [...]
