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Securitize on Tuesday launched a tokenized version of Hamilton Lane's Senior Credit Opportunities Fund, known as HLSCOPE, on the TRON blockchain, the first asset the tokenization platform has ever issued on the stablecoin-heavy network, the two companies said in a joint announcement.
The launch puts a Reg D-gated private-credit feeder fund, managed by Securitize Capital into Hamilton Lane's evergreen senior-secured loan vehicle, onto a chain that, by TRON's own count cited in the announcement, hosts more than 383 million accounts and roughly $90 billion in circulating stablecoins.
Hamilton Lane (Nasdaq: HLNE) is a private-markets firm with $1 trillion in total assets under management and supervision as of March 31. Securitize itself has $4 billion-plus in AUM across funds with Apollo, BlackRock, BNY, KKR, VanEck and Hamilton Lane.
The deal extends the institutional RWA-tokenization arc to a chain whose volume is dominated by stablecoin settlement rather than DeFi activity, in contrast with Ethereum and Polygon, where Securitize-issued products have largely lived. It follows DTCC's selection of Stellar for its tokenized-securities rollout and Franklin Templeton's tokenized Treasury fund crossing $2.5 billion in AUM in May.
"Tokenization reaches its full potential when institutional-grade assets can operate on blockchain networks built for global scale," Carlos Domingo, Securitize co-founder and chief executive, said in the announcement. "Bringing HLSCOPE to TRON marks an important milestone not only because it is the first Securitize asset launching on the network, but because it expands access to private markets through infrastructure designed for continuous, global financial activity."
HLSCOPE Fund Specifications
HLSCOPE has been live since May 2023, when Securitize first deployed it on Polygon with a $10,000 minimum investment, down from the $2 million minimum on the underlying institutional fund, monthly subscription windows and on-demand redemptions at the previous quarter's NAV.
The fund charges a 1.75% management fee with no performance fee, according to RWA.xyz data, and currently shows a NAV of roughly $1,228 per token across about $4.4 million in token value. Access is restricted to accredited investors under a Reg D exemption; that gating travels with the token across chains, enforced at the smart-contract layer by Securitize's transfer agent.
Securitize's Multi-Chain Footprint and the Wormhole Layer
HLSCOPE is already issued on Polygon, Ethereum, Optimism and Plume per RWA.xyz, with the bulk of supply on Polygon. TRON becomes the fifth network. Cross-chain transfers run through Wormhole, which Securitize designated as its official interoperability provider in September 2024 and which already routes BlackRock's BUIDL tokenized money-market fund across five networks.
"TRON supports fast, efficient and scalable global settlement," Justin Sun, founder of TRON, said in the announcement. "Welcoming Securitize and HLSCOPE to the TRON ecosystem represents an important step in bridging traditional finance with blockchain infrastructure."
The TRON launch comes as Securitize is in a proposed business combination with Cantor Equity Partners II (Nasdaq: CEPT) that values the firm at $1.25 billion and would list the combined entity under the ticker SECZ. The two parties filed a Form S-4 on January 28, 2026; the deal is expected to close in the first half of 2026.
What the TRON Distribution Test Will Hinge On
HLSCOPE's $4.4 million in current token value sits well below TRON's stablecoin scale, and the network's existing user base, which is heavily weighted toward retail USDT transfers, does not on its face overlap with the accredited-investor pool the fund is built for. The token's reach on TRON will depend on whether the chain's stablecoin liquidity meaningfully attracts qualified subscribers, or whether TRON mostly serves as a settlement venue for transfers Securitize Markets controls on either end.
The pace of follow-on Securitize issuances on TRON, and any updated supply breakdown showing the network capturing share from Polygon or Ethereum, will signal whether this is a one-product expansion or a wider tilt.