PANews reported on October 23 that private equity firm Aurum Equity Partners launched the world's first $1 billion tokenized fund combining equity and debt. The fund uses Zoniqx's asset tokenization technology and XRP Ledger blockchain to promote innovation in AI, IoT and cloud infrastructure. The project will establish data centers in the United States, the United Arab Emirates, Saudi Arabia, India and Europe to improve investment liquidity and transparency through tokenization. Aurum has collaborated with Zoniqx to demonstrate the practical application of blockchain technology in traditional financial markets and to help the digital transformation of global asset management.