Securitize issues Hamilton Lane's HLSCOPE private credit fund on Tron
Securitize brought Hamilton Lane's tokenized Senior Credit Opportunities Fund to Tron on 2 June 2026, its first issuance on that network. The feeder fund held about $4.28m and advertised a 5.87% annual return, and was already available on Ethereum, Polygon, Plume and Optimism.
What happened
Securitize issued Hamilton Lane's Senior Credit Opportunities Fund (HLSCOPE) on Tron on 2 June 2026, the first Securitize asset deployed on that network. HLSCOPE is a tokenized feeder fund giving exposure to senior secured loans to borrowers in North America and Europe. At launch the tokenized feeder held approximately $4.28m and advertised an annual return of 5.87%. It was already issued on Ethereum mainnet, Polygon, Plume and Optimism, with cross-chain transfer via Wormhole. Securitize chief executive Carlos Domingo framed the expansion in terms of reaching networks built for scale; reporting noted Tron's account base of about 383 million addresses. Hamilton Lane has separately expanded wealth-channel access to credit and infrastructure strategies through tokenized and interval-fund structures during 2026.
Why it matters
Tokenized private credit is the second-largest tokenized asset class after Treasury products, and the constraint on growth is distribution rather than issuance technology. Placing a senior-loan feeder on a network used mainly for stablecoin transfers is a test of whether retail-adjacent onchain distribution can raise assets for illiquid private strategies. The economics deserve scrutiny. A feeder fund holding a few million dollars against an advertised mid-single-digit yield carries fee and liquidity terms that differ from the underlying strategy, and redemption mechanics in tokenized feeders remain the least standardised part of the structure.
What is not settled
Redemption terms, subscription minimums and the fee load of the tokenized feeder relative to the underlying fund are not disclosed in public reporting.
Institutions in this story
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Securitize
Tokenization platform
Tokenisation group holding an SEC-registered transfer agent, broker-dealer and alternative trading system inside one structure, and the issuance and transfer agent behind BlackRock's BUIDL, with more than $4bn of tokenized assets under management.
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Hamilton Lane Incorporated
Asset manager
Private markets manager, $1tn under management and supervision at 31 March 2026, whose HLSCOPE credit feeder became the first Securitize-issued asset on Tron on 2 June 2026: issued where dollar balances sit rather than where private credit investors have historically been found.
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TRON
Network
Proof-of-stake blockchain launched in May 2018 and the largest venue for Tether's dollar token, with USDT supply on the network passing $90bn in July 2026 and about $23.8bn a day transferred.
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Wormhole
Protocol
Cross-chain messaging protocol whose Guardian network of 19 validators signs transfer approvals valid at a 13-of-19 threshold, a quorum Securitize made an operational dependency of tokenized funds when it adopted the protocol in January 2025.