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ADDX tokenises US$1 bil SeaTown private credit fund; reduces fund's minimum size to US$20,000

Felicia Tan
Felicia Tan • 3 min read
ADDX tokenises US$1 bil SeaTown private credit fund; reduces fund's minimum size to US$20,000
The move by ADDX has enabled the rare fractional access to a private credit fund with over US$1 billion in committed capital.
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ADDX has, on Nov 22, tokenised its first private credit fund.

Private credit funds are funds that make direct loans to companies or buy such loans from the secondary market.

The fund is managed by SeaTown, a wholly-owned subsidiary of Seviora Holdings. Seviora Holdings is, in turn, indirectly owned by Temasek Holdings.

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addx
Seatown Holdings
private credit funds

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