- Wormhole selected as multichain interoperability partner for Hamilton Lane's SCOPE Access Fund.
- Hamilton Lane (HLNE, Financial) oversees approximately $958 billion in assets.
- SCOPE Fund upgraded with daily NAV pricing, instant subscriptions, and on-demand redemptions.
Wormhole, a leading platform for blockchain interoperability, has been chosen as the official multichain partner for the SCOPE Access Fund, providing access to Hamilton Lane's Senior Credit Opportunities Fund. This advancement allows seamless token movement across the Ethereum and Optimism networks, in collaboration with Securitize.
The updated SCOPE Access Fund introduces several enhancements, including daily net asset value (NAV) pricing, instant subscriptions, and on-demand redemptions. This upgrade is aimed at democratizing private credit investments, previously accessible only to a limited audience. Hamilton Lane, traded as (HLNE, Financial), manages around $958 billion in assets, demonstrating its significant influence in private market investments.
Wormhole's infrastructure currently manages over $3.5 billion in multichain tokenized assets, supporting fluid token transfers between supported ecosystems. This initiative marks a significant step towards institutional DeFi adoption, fostering an interoperable financial ecosystem that bridges traditional finance with blockchain technology.
