Elixir, the decentralized consensus network for cryptocurrency exchanges, is teaming up with tokenization platform Securitize to open up decentralized finance for Hamilton Lane Private Credit Fund.

It's January. 8, elixir Announce It has been partnering with Securitize to enable institutional access to the Hamilton Lane Senior Credit Opportunities Fund, or SCOPE Fund. The box Fired On Solana (Sol) in July 2024.

The partnership will see Elixir serve as the native path into DeFi for SCOPE investors, with the platform providing access via its decentralized stablecoin, deUSD.

“Beginning Monday, in partnership with Securitize, Elixir will enable the fund’s institutional asset holders to maintain segregated exposure and natively access DeFi via deUSD,” the platform posted on X.

In November, securitization Exploited In deUSD's Institutional Real Assets Programme, it launched its sToken vaults.

The program has enhanced the functionality, liquidity and composability of RWAs, allowing holders of RWAs issued by Securitize to leverage deUSD for liquidity in DeFi. Investors can continue to earn a return on the underlying investments.

Users of Ethereum-based vaults can invest in BlackRock's Institutional Digital Liquidity Fund or other RWA token assets and access additional opportunities via DeFi using deUSD. The Elixir token acts as the underlying currency supporting this decentralized financial experience, without being tied to users' native risk exposure.

“deUSD is the only coin that enables institutional RWA asset holders to use DeFi, without changing their original exposure. Elixir provides virtual native composability for assets from BlackRock, Hamilton Lane and others,” Elixir said.

Elixir It raised $8 million In a Series B funding round in March 2024.