Investment bank Aurum Equity Partners announced the launch of a $1 billion tokenized fund that will include equity and debt assets in the same basket and will focus on building data centers in the United States, the United Arab Emirates, Saudi Arabia, India and Europe.
The fund will use Zoniqx's asset tokenization technology and the Dynamic Compatible Interoperable Security Token (DyCIST) protocol, as well as the XRP Ledger blockchain, aiming to attract more investors through tokenization, including small investors who cannot participate in large infrastructure investments. (Cointelegraph)