BlockBeats News, April 17th – According to Bloomberg, Flow Capital Partners plans to launch its $150 million private credit fund on a Singapore-based blockchain platform by the end of this month, becoming one of the early asset management firms in Asia to take advantage of the growing stablecoin liquidity.
The Hong Kong-based alternative asset management firm will deploy its flagship fund through DigiFT Tech Pte. and intends to raise an additional $30 million by the end of this year through tokenized shares. The company’s Chief Investment Officer, Jacky Tian, stated that the goal is to grow the fund, launched in June, to $250 million by the end of the year.
