In a groundbreaking move for the cryptocurrency and investment landscape, Singapore-regulated exchange DigiFT has announced the launch of what it claims to be the world’s first index fund where shares and underlying assets are tokenized and traded directly on-chain. Approved by Singapore’s Monetary Authority, this innovative platform is set to revolutionize traditional portfolio management.
In partnership with investment firm Hash Global, DigiFT will debut two distinct index funds: one focusing on leading artificial intelligence (AI) stocks and the other on major cryptocurrencies. Such advancements reflect a significant shift from conventional investment infrastructures, which rely on brokers, banks, and custodians, towards a seamless system powered by smart contracts and stablecoins.
Henry Zhang, CEO of DigiFT, emphasized the potential of this new model, stating, “By bringing real-world equities fully on-chain, we remove inefficiencies, enhance accessibility, and set a new standard for how portfolios are structured, traded, and managed in a blockchain-native environment.” This statement underlines DigiFT’s commitment to redefining investment methodologies while providing unparalleled transparency and efficiency.
The artificial intelligence-focused index fund will primarily include major players such as Apple, Tesla, and Microsoft, with their shares tokenized to accurately reflect real-world stock values. Additionally, the cryptocurrency fund will encompass leading digital assets like Bitcoin, Ethereum, and Solana, providing a diversified investment strategy for participants.
With the introduction of tokenized equities, investors can enjoy round-the-clock access to their funds, which not only offers enhanced liquidity but also adds a layer of transparency previously unseen in conventional investment scenarios. Hash Global has described tokenized equities as “the most important” real-world assets to transition onto the blockchain, reinforcing the significance of this development.
It is important to note that, initially, these funds will be available exclusively to accredited and institutional investors, ensuring a controlled and secure rollout as the market adapts to this innovative financial instrument.
As DigiFT steps into uncharted territory, it holds the potential to reshape how investors engage with both traditional and digital asset markets. The future of investment is undeniably intertwined with blockchain technology, and DigiFT is at the forefront of this promising evolution.
