Securitize and BNY Launch Onchain AAA CLO Fund
- Securitize has partnered with BNY to introduce the Securitize Tokenized AAA CLO Fund (STAC).
- The fund is the first onchain initiative focused on AAA-rated collateralized loan obligations (CLOs).
- Grove Finance is anchoring the fund with a $100 million investment.
This collaboration between Securitize and BNY represents a significant step in merging traditional Wall Street credit expertise with blockchain technology’s efficiency, creating a new avenue for structured credit investments.
The launch of the Securitize Tokenized AAA CLO Fund marks a pioneering move in bringing AAA-rated CLOs to the blockchain, backed by substantial financial support from Grove Finance’s $100 million commitment. (Source)
