Aurum Equity Partners Launches $1 Billion Tokenized Fund

Aurum Equity Partners has unveiled a $1 billion tokenized fund that combines both equity and debt assets. This innovative fund aims to establish data centers across the United States, the United Arab Emirates, Saudi Arabia, India, and Europe.

In a recent announcement on October 22, Aurum stated that the fund will utilize Zoniqx’s asset tokenization solutions alongside the Dynamic Compliant Interoperable Security Token (DyCIST) protocol.

It will also leverage the XRP Ledger (XRPL) blockchain to enhance opportunities in real-world asset tokenization. This approach will transform the firm’s assets into tokenized financial instruments, making them more accessible.

By using tokenization, Aurum hopes to attract a broader range of investors, including smaller ones who may find it challenging to invest in large infrastructure projects. 

David Schwartz, CTO of Ripple and co-creator of the XRP Ledger, noted that “Tokenizing private equity is another emerging use case in RWA, tackling the challenges of illiquidity and limited access in these markets.”

Aurum Equity Partners specializes in essential infrastructure investments and has completed over 125 transactions worth $2 billion in India and the United States. The tokenization market has been growing rapidly, with estimates suggesting it could reach between $4 trillion and $30 trillion by 2030.

Prasanth Kalangi, founder and CEO of Zoniqx, expressed enthusiasm for the technology’s potential to meet the financial industry’s evolving needs, particularly in private equity.

Aurum Equity Partners’ $1 billion tokenized fund marks a significant step in modernizing infrastructure investment. By leveraging innovative technology, they are making data center investments more accessible to a broader range of investors.