Hamilton Lane, Sygnum, and Apex Group have joined forces to broaden investor access to global private markets through blockchain technology.
The firms have launched a new share class on the Polygon blockchain, automating and integrating fund management functions to improve accessibility and efficiency. The initiative gives a wider range of investors access to Hamilton Lane's $3.8bn Global Private Access Fund via distributed ledger technology.
Sygnum's DLT solutions allow for lower fund entry points for professional, institutional, and corporate clients, while Apex Group and FundRock-LRI will use Sygnum's platform for on-chain share registry management.
Victor Jung, head of digital assets at Hamilton Lane, said the firm strongly believes tokenisation has the potential to transform how investors gain access to private markets and their historically strong returns.