Elixir and Securitize Partner to Unlock Decentralized Finance for Institutional Investors

Elixir, a decentralized consensus network for cryptocurrency exchanges, has partnered with tokenization platform Securitize to provide institutional investors with access to Hamilton Lane’s private credit fund through decentralized finance (DeFi).

The partnership was announced on January 8 and will enable institutional investors in Hamilton Lane’s Senior Credit Opportunities Fund (SCOPE Fund) to access DeFi via Elixir’s decentralized stablecoin, deUSD. The SCOPE Fund was launched on the Solana blockchain in July 2024.

Key Benefits of the Partnership

Through this partnership, Elixir will serve as the native path to DeFi for SCOPE investors, allowing them to maintain isolated exposure to the fund while accessing DeFi opportunities via deUSD. This means that investors can continue to earn yields from their underlying investments while leveraging the benefits of DeFi.

The partnership builds on Securitize’s existing relationship with Elixir, which was established in November when Securitize tapped into deUSD’s real-world asset institutional program. This program has enhanced the functionality, liquidity, and composability of real-world assets (RWAs), allowing holders of Securitize-issued RWAs to leverage deUSD for liquidity in DeFi.

How it Works

Users of the Ethereum-based vaults can invest in tokenized RWA assets, such as BlackRock’s USD Institutional Digital Liquidity Fund, and access additional opportunities across DeFi using deUSD. Elixir’s token acts as the primary currency powering this decentralized finance experience, without being tied to users’ original risk exposure.

“deUSD is the only currency enabling institutional RWA asset holders to use DeFi, without changing their original exposure. Elixir brings default native composability for assets from BlackRock, Hamilton Lane, and others.”

Elixir has received significant investment to support its growth, including an $8 million Series B funding round in March 2024.

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