In the world of finance, shadows loom large, but none cast longer than those of the tokenized funds—a silent revolution in wealth management.

BlackRock USD Institutional Digital Liquidity Fund (BUIDL) – They say it was born under a new moon in March 2024. Like a ghost, it moves through cash, U.S. Treasury bills, and repurchase agreements, offering a digital veil of liquidity management. Whispers tell of its allure: a silent option for those who dare to touch the intangible.
Franklin Templeton OnChain U.S. Government Money Fund (FOBXX) – The old guard meets the new. This fund is the gateway to U.S. government securities, cloaked in blockchain’s impenetrable code.

WisdomTree Digital Funds – A suite of digital assets that seem as ordinary as a banker’s handshake. But inside, they hold the secrets of short-term U.S. Treasury securities, wrapped in the unmistakable scent of tokenization. A tokenized structure, they say, that’s as elusive as the mist in a back alley.

Ondo Finance U.S. Dollar Yield (USDY) – For those seeking stability in the chaotic streets of digital finance, USDY offers exposure to U.S. Treasury yields. It’s a reliable partner in a world of shifting shadows, but beware—its liquidity is as tempting as a siren’s song.

ADDX’s Tokenized Allocation from Partners Group’s Global Value SICAV Fund – In September 2021, ADDX made a daring move, tokenizing an allocation from a €5.5-billion private equity behemoth. It’s a bold play, marking its territory in the dark corners of high finance, a place where fortunes are made—and lost—in silence.

KKR’s Health Care Strategic Growth Fund II (HCSG II) – With $4 billion at its command, KKR’s fund is a giant that’s been split into tokens, all under the guise of healthcare investments. It promises liquidity, but in this game, promises are as solid as smoke.

Apollo Global Management’s Tokenized Fund – Apollo’s venture into tokenization feels like a public act, but its motives are buried deep. It operates on the blockchain, aiming for transparency. But ask any seasoned investigator: transparency can be the best disguise.

Hamilton Lane’s Equity Opportunities Fund V – A feeder fund on Polygon, they say, in collaboration with Securitize. It focuses on equity, but its heart beats to the rhythm of tokenization, a rhythm only heard by those willing to listen past the ticking of the clock.

SPiCE VC Fund – A venture capital fund that’s embraced the darkness, issuing tokens as if they were chips in a high-stakes poker game. Its aim? To invest in blockchain-focused startups, hoping to strike gold in the chaotic world of digital dreams.

COSIMO X Fund – An evergreen venture fund, as timeless as the shadows it lurks in. It invests in early-stage companies, eyes set on Series A rounds, its fingers in the pies of fintech and cybersecurity. It’s a player that never truly sleeps, waiting for the right moment to strike.