PANews reported on March 25 that DigiFT, a licensed crypto exchange in Singapore, announced that it will launch an index fund that will fully tokenize fund shares and their underlying stock assets and realize on-chain transactions, open to qualified and institutional investors. The first batch of products includes AI Stock Index Fund (covering Apple, Tesla, Microsoft, Nvidia, etc.) and Web3 Index Fund (tracking BTC, ETH, SOL and other crypto assets), managed by Hash Global, and Amber Premium is the issuing partner. The fund runs on smart contracts, supports USDT and USDC subscription and redemption, does not require a bank account, and has real-time on-chain transparency and a 24/7 clearing cycle.
DigiFT launches two on-chain tokenized index funds to track leading AI stocks and major crypto assets
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