ChainCatcher report: Fundrise’s innovation fund, VCX, has announced a partnership with cryptocurrency exchange Kraken to tokenize its fund shares. The tokenized assets, named VCXx, will be traded on Kraken’s xStocks platform and allow investors to purchase them using USDG or USD.
Fundrise’s VCX Fund to Tokenize Shares on Kraken
ChaincatcherShare
Summary
Fundrise's VCX Fund has announced a partnership with Kraken to tokenize its shares. The new token, VCXx, will be available for trading on Kraken's xStocks platform in USD or USDG. This on-chain development represents a step forward in digital asset integration, enabling investors to access the fund through tokenized shares.
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