NGI+ takes a traditional institutional fund and makes its exposure permissionless. The underlying Partners Group fund units stay with Reale, while the token carrying their…
Original source excerpt
NGI+ takes a traditional institutional fund and makes its exposure permissionless. The underlying Partners Group fund units stay with Reale, while the token carrying their economic exposure can move …
NGI+ takes a traditional institutional fund and makes its exposure permissionless. The underlying Partners Group fund units stay with Reale, while the token carrying their economic exposure can move freely between wallets and interact with DeFi. KYC/AML checks sit at the entry and exit points, subscription and redemption through Reale, and the token stays composable everywhere in between. That’s how a fund with a monthly dealing day ends up with PT, YT and LP markets on Pendle, and lending and looping can follow once money markets accept NGI+ as collateral. @AssetoFinance built the framework to be reused, so the same blueprint can bring more institutional strategies onchain, and each one that comes through it is another yield that can be fixed and traded on Pendle. Read more about how @partnersgroup's $2.1B AUM Next Generation Infrastructure fund was brought onchain to be held and traded 👇
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