Hamilton Lane Launches Private Credit Fund On Solana

Highlights

Hamilton Lane tokenizes $556 million SCOPE fund on Solana blockchain.
Partnership with Libre aims to reach crypto-native investors.
Move sparks speculation of strengthening potential Solana ETF approval.

Hamilton Lane, a global investment firm managing over $900 billion in assets, has taken a bold step into the world of cryptocurrencies. The company announced on Tuesday its decision to launch a tokenized version of its private credit fund on the Solana blockchain, marking a significant milestone in the adoption of digital assets by mainstream financial institutions.

Tokenization of SCOPE Fund on Solana

Hamilton Lane, one of the world’s largest alternative asset management firms with over $900 billion in assets under management, has made a significant move into the blockchain space. The firm announced on Tuesday the launch of a tokenized private credit fund on the Solana blockchain, marking a notable step in bridging traditional finance with decentralized technology.

The company is tokenizing its Senior Credit Opportunities Fund (SCOPE) on the blockchain, allowing investors to access the fund via the blockchain network. To facilitate this, Hamilton Lane has partnered with Libre, a Web3 protocol developed as a joint venture between Brevan Howard’s WebN Group and Nomura’s crypto firm Laser Digital. This initiative aims to reach “mass affluent, crypto native” traders, potentially broadening Hamilton Lane’s investor base and distribution channels.

SCOPE, which was launched in 2022, has approximately $556 million in assets under management and offers an annualized yield of 10% for USD investors. This move represents Hamilton Lane’s first venture on this blockchain its first attempt to tokenize collateralized lending. The firm had previously tokenized funds on other platforms, but this marks its debut on Solana’s high-speed network.

The tokenization of real-world assets (RWAs) is seen as a way to increase liquidity, transparency, and accessibility in traditional financial markets. Benefits include immediate ownership transfer and the ability to trade tokenized assets for other cryptocurrencies on secondary markets. This development aligns with a growing trend in the financial industry, as major players like BlackRock have also shown interest in tokenizing traditional assets.

Also Read: Bitcoin Miner Marathon Digital to Pay $139 Million Fine, MARA Stock Tanks 2.5%

Potential Implications for ETF Approval

Nate Geraci, the president of The ETF Store, made a post on X (formerly Twitter) and hinted at a potential approval of spot Solana ETF. Geraci predicted that ETF issuers such as BlackRock, Fidelity, VanEck, and others will soon file for a combined spot Bitcoin (BTC), Ethereum (ETH), and SOL ETF within the next few months.

As of now, ETF traders are trading Bitcoin ETF and spot Ethereum ETF which will soon be traded live as it received approval from the US Securities and Exchange Commission (SEC) most recently. Whereas, out of 11 ETF issuers only two VanEck and 21Shares have submitted 19b-4 filings with the SEC and more filings may come in the coming days.

Also Read: XRP Healthcare Stops New Staking of XRPH Token Amid Supply Squeeze

Recommended
Price Analysis

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.