Backed, Sonic (formerly Fantom), and Chainlink have partnered with Fortlake Asset Management to tokenize their Sigma Opportunities Fund. Backed will generate permissionless tokens collateralized by fund units, with their price linked to the Net Asset Value in real-time. Chainlink will provide cross-chain liquidity and operations, confirm collateralization and AUM, and provide NAV data for the underlying fund shares. Fortlake's Sigma Opportunities Fund is an actively managed global fixed-income investment strategy. The tokenization of the fund opens up possibilities in decentralized finance and marks a significant development in traditional asset management fundraising. Other asset managers are also exploring tokenization, and it is projected that asset tokenization could reach $16 trillion in the next five to fifteen years.



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