Investment Giant KKR Puts Portion of Private Equity Fund on Avalanche Blockchain

 

Individuals will be able to invest in KKR’s health-care fund through a tokenized feeder fund on the Avalanche blockchain provided by Securitize. “What we’re going to be providing to investors are digital asset securities or security tokens that represent an economic interest [in] a feeder fund of the the main KKR healthcare fund,” Carlos Domingo, co-founder and CEO of Securitize, told CoinDesk TV. “It’s a way for individual investors to get access into a high quality private equity fund – from a very reputable firm, like KKR – that otherwise is not available [to them],” he said.