P2P finance firm 8percent has acquired STO platform Apanda Partners to enter the tokenization market, aiming to connect Korea's quality loan assets with overseas funds.
- P2P finance firm 8percent has acquired STO platform Apanda Partners to enter the tokenization market.
- The company aims to leverage its 12 years of loan-underwriting experience to tokenize domestic loan receivables and connect them with overseas investors and funds.
- A pilot project involving overseas stablecoin funds investing in domestic loan receivables is underway, with plans to expand into a global investment platform.
Topics: Asset types, Infrastructure providers, Institutional adoption, Private credit high yield, Tokenization platforms, Asset manager initiatives
Tags: #8percent #apandapartners #tokenization #securitytokenofferingsto #loanreceivables #alternativeinvestmentassets #digitalcapitalmarket #p2pfinance #stablecoinfunds #korea