Hamilton Lane Expands SCOPE Fund with Securitize and Wormhole Integration

Hamilton Lane, a prominent asset manager with $956 billion in assets, is expanding its Senior Credit Opportunities Securitize Fund (SCOPE) to include multichain capabilities. This expansion will be facilitated by the integration of Securitize and Wormhole, according to Wormhole.

Expansion to Ethereum and Optimism

The SCOPE Fund, initially launched in 2022, will now be available on the Ethereum Mainnet and Optimism, offering enhanced features such as daily NAV pricing, instant subscriptions, and on-demand redemptions. The multichain interoperability is powered by Wormhole, which will enable seamless movement of the new sSCOPE token across supported ecosystems.

Wormhole's Role in the Expansion

Wormhole, as the exclusive multichain partner, will provide a single pool of liquidity and a collateral asset for developers to integrate into decentralized finance (DeFi) opportunities. Robinson Burkey, Co-Founder of the Wormhole Foundation, highlighted the growing institutional demand for multichain solutions, stating that the transfer of SCOPE across blockchain networks allows Hamilton Lane to access capital in a secure and transparent manner.

Institutional Adoption and Innovation

This collaboration marks a significant shift toward seamless interoperability in the financial sector. With over $3.5 billion in multichain tokenized assets under management, Wormhole is at the forefront of powering cross-chain infrastructure. The platform has already facilitated multichain access for other major offerings, including BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and Apollo’s ACRED fund.

The Future of a Borderless Financial System

The integration of SCOPE into the multichain ecosystem is not merely an experiment but a foundational step towards a new financial system that is tokenized, borderless, and available 24/7. Built on Wormhole's secure and decentralized infrastructure, this system promises to revolutionize how financial assets are managed and transferred.

About Wormhole

Wormhole is a leading interoperability platform that enables multichain applications and bridges at scale. Supporting over 40 leading blockchain networks, Wormhole facilitates diverse use cases across DeFi, NFTs, and governance. The platform has processed over $60 billion through more than 1 billion cross-chain messages, serving as a trusted network for major players like Circle and Uniswap.