KKR Investment Fund Deploys Investment On Avalanche Blockchain
One of the largest US investment funds in the world is KKR & Co. (KKR) has made its Health Care Strategic Growth Fund II available on the Avalanche blockchain.
KKR is currently working with the digital asset management platform Securifying Capital to process the entry of new investors into the company’s healthcare product through the Avalanche blockchain tokenized feeder fund.
John Wu, CEO of Ava Labs confirmed this news and was extremely excited by the unexpected reception from KKR. Notably, it is one of the largest investment funds globally, owning about $471 billion in assets under management (AUM) as of the end of 2021.
Eligible buyers of the new KKR fund on Avalanche will have to hold at least $5 million in assets to be able to invest. Interested parties will also have to create a digital wallet and register with Securification.
The company is said to aim to expand investor access to funds, especially through blockchain technology, a trend that has been growing and popular in recent years.
This is not the first time KKR has been exposed to the crypto market with such businesses. In April 2022, the investment fund was among the organizations contributing to the $650 million fund led by Dragonfly, the fund involved in the LDO token acquisition.
In addition, KKR has also supported the Anchorage crypto platform by the end of 2021, creating a solid premise for Anchorage to continuously launch unique products related to Ethereum staking.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Harold
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KKR Investment Fund Deploys Investment On Avalanche Blockchain
One of the largest US investment funds in the world is KKR & Co. (KKR) has made its Health Care Strategic Growth Fund II available on the Avalanche blockchain.
KKR is currently working with the digital asset management platform Securifying Capital to process the entry of new investors into the company’s healthcare product through the Avalanche blockchain tokenized feeder fund.
John Wu, CEO of Ava Labs confirmed this news and was extremely excited by the unexpected reception from KKR. Notably, it is one of the largest investment funds globally, owning about $471 billion in assets under management (AUM) as of the end of 2021.
Eligible buyers of the new KKR fund on Avalanche will have to hold at least $5 million in assets to be able to invest. Interested parties will also have to create a digital wallet and register with Securification.
The company is said to aim to expand investor access to funds, especially through blockchain technology, a trend that has been growing and popular in recent years.
This is not the first time KKR has been exposed to the crypto market with such businesses. In April 2022, the investment fund was among the organizations contributing to the $650 million fund led by Dragonfly, the fund involved in the LDO token acquisition.
In addition, KKR has also supported the Anchorage crypto platform by the end of 2021, creating a solid premise for Anchorage to continuously launch unique products related to Ethereum staking.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Harold
CoinCu News
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