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Apple, Tesla Among Stocks to Get Tokenized Via DigiFT's New On-Chain Index Fund
The funds, available to accredited and institutional investors, aim to change portfolio management with smart contracts and stablecoins.
Mar 24, 2025, 7:49 p.m.
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What to know:
- DigiFT, a Singapore-regulated cryptocurrency exchange, says it’s launching the first index fund with tokenized shares and underlying stocks traded on-chain.
- The funds will use smart contracts and stablecoins, replacing traditional intermediaries like brokers and banks.
- Two index funds will be offered: one tracking top AI stocks and another tracking leading crypto assets.
A Singapore-regulated cryptocurrency exchange, DigiFT, has announced it will launch what it says is the first index fund in which the shares and underlying stocks are tokenized and traded on-chain.
The platform, licensed by Singapore’s Monetary Authority, is partnering with investment firm Hash Global to debut two index funds: one tracking top artificial intelligence (AI) stocks and another tracking leading crypto assets, according to a statement.
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The move, it says, replaces the traditional infrastructure behind portfolio management—brokers, banks, custodians—with smart contracts and stablecoins. Investors will subscribe to and redeem from the funds using USDT or USDC and view fund holdings in real time on the blockchain.
“By bringing real-world equities fully on-chain, we remove inefficiencies, enhance accessibility, and set a new standard for how portfolios are structured, traded, and managed in a blockchain-native environment,” Henry Zhang, CEO of DigiFT, said.
The artificial intelligence-focused DigiFT Hash Global AI Index Fund will offer exposure to companies like Apple, Tesla, and Microsoft, tokenized to reflect their real-world stock values. A second fund will track major cryptocurrencies, including bitcoin, ether and Solana.
The structure gives investors round-the-clock access to the funds, greater transparency, and increased liquidity. Hash Global called tokenized equities “the most important” real-world asset to bring on-chain.
The funds will only be available to accredited and institutional investors at launch.
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