The first ADGM-regulated tokenized Fund has been successfully minted. Securrency Capital Partners Ltd, has tokenized the first regulated fund in ADGM. Peregrine, working with the Securrency “compliance aware tokenization” technology, has minted tokens on an ADGM fund which invests in the PSG Cryptonomics Fund.
Investors who purchased tokens had to proceed through normal KYC, AML, and KYB certifications based on ADGM rules and relevant rules in the investors jurisdictions. The initial investors, or token-holders, are based in UAE, UK, and the USA.
“We are excited to be at the forefront of the regulated digital asset revolution” – Paul Salama-Caro, founder of PSG Capital
