Hassan Maishera
On Tuesday, the TronDAO team announced on X that Securitize has launched Hamilton Lane (Nasdaq: HLNE)’s tokenized Senior Credit Opportunities Fund (“HLSCOPE”) on the TRON blockchain.
This launch expands access to a leading tokenized private credit offering through one of the largest and most active blockchain ecosystems globally.
By launching on TRON, the fund gains access to a blockchain ecosystem known for its scale in stablecoin activity, digital asset payments and decentralized finance. Securitize will leverage its official interoperability partner, Wormhole, to enable HLSCOPE tokens to move seamlessly across blockchain ecosystems, enhancing liquidity and accessibility.
TRON (TRX) is a decentralized blockchain-based operating system developed by the Tron Foundation and launched in 2017. Originally, TRX tokens were ERC-20-based tokens deployed on Ethereum, but a year later, they were moved to their own network.
Initially, the project was created with the aim of providing full ownership rights to makers of digital content. The main goal is to help content creators (who receive only a small part of the income) and encourage them with more rewards for their work. How: invite content consumers to reward content makers directly (without intermediaries like YouTube, Facebook, or Apple).
The TRON software supports smart contracts, various kinds of blockchain systems, and decentralized applications, aka dApps. The cryptocurrency platform uses a transaction model similar to Bitcoin (BTC), namely UTXO. Transactions take place in a public ledger, where users can track the history of operations.
TRON is a public blockchain attempting to become the core infrastructure for a decentralized internet. TRON relies on a Delegated Proof-of-Stake (DPoS) mechanism in which 27 Super Representatives rotate every 6 hours to validate blocks and transactions. TRX is down 2.5% today and is trading at $0.3327 at press time.
