Hamilton Lane Private Credit Fund to Back New RWA Stablecoin on OKX’s X Layer Network
Hamilton Lane, a top private credit investor, now works with OKX Ventures and STBL. They plan a new stablecoin tied to real assets. The stablecoin runs on OKX’s Ethereum-compatible X Layer network.
Tokenizing Private Credit to Collateralize Stablecoins
The team plans a dollar-linked stablecoin. They use a tokenized fund from Hamilton Lane’s Senior Credit Opportunities Fund, known as SCOPE. SCOPE lends to private companies with floating rates and secured loans. Securitize turns the fund into tokens. This work ties the stablecoin’s value to on-chain assets.
STBL’s Two-Token Model: Separating Settlement and Yield
STBL has two tokens that work side by side. USST works as a dollar tool for trades. It keeps a fixed value for transactions. YLD takes yield from the asset reserve. Users gain a share from YLD. Banks, blockchains, or governments can make their own stablecoins using this system. The yield goes back to their groups. This design builds a network where finance meets community needs.
Strategic Collaboration and Industry Perspectives
Jeff Ren, founder of OKX Ventures, says the team can now build RWA products with high capital use. STBL’s Co-Founder, Sehra, sees real asset markets shift toward tokens that work in the real world. Hamilton Lane and OKX Ventures help bring more token use on chain.
Carlos Domingo, CEO of Securitize, sees tokenization tied to regulated issuance as a new link. His view puts private credit into on-chain money flows. Tokens move from a passive state into parts that work in many financial tasks.
Hamilton Lane’s Progressive Blockchain Engagement
This plan marks a key step in Hamilton Lane’s move into blockchain work. Since 2022, Hamilton Lane and Securitize have changed several funds into tokens. They did an equity feeder fund on Polygon in early 2023. This step cut investment minimums from millions to tens of thousands of dollars.
In mid-2023, they tokenized the SCOPE fund. The minimum changed from $2 million to $10,000 with flexible buy and sell plans. Later, they turned the Secondary Fund VI into tokens on Polygon. This trend shows how blockchain gives more investors a chance to join.
Hamilton Lane also joined with Republic to let non-accredited U.S. investors start at $500. In 2025, Hamilton Lane used the Sei Network with the KAIO platform to add another chain path. This act shows their drive to widen access to private credit.
Market Impact and Outlook
Hamilton Lane holds about $1 trillion in assets as of fiscal Q3 2026. Its evergreen platform grew by 70% to reach $16 billion. These numbers show strong growth.
The deal with OKX Ventures and STBL builds a stablecoin with tokenized private credit. The mix of traditional credit with on-chain structures frees up capital and eases trading. The new coin may shift how investors use private loans.
Conclusion
Hamilton Lane’s stablecoin on OKX’s X Layer joins real assets with blockchain tools. This work may lead to a future where tokenized private credit becomes common. As tokens spread from equity and credit funds to other markets, the industry will watch tech change, new rules, and demand shape finance in the digital age.
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📝 About This Article
This article was generated by Hivebox AI in collaboration with nGRND.
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