Singapore’s FundBridge Launches Tokenized Gold-Linked Private Credit Fund

The Punchline

Singapore’s FundBridge has introduced the MG999 fund, designed to convert gold into a yield-generating asset by offering tokenized fund units. Mustafa Gold serves as the inaugural borrower in this innovative financing model.

Why You Should Read This

This article is noteworthy as it highlights a novel approach to private credit through tokenization, bridging traditional commodities with modern investment strategies.

Who This Is For

This article is targeted at institutional investors, private equity professionals, credit analysts, fund managers, and financial advisors interested in emerging investment vehicles and innovative asset classes.

Investor Implications

Investors may find new opportunities in the gold market as the MG999 fund aims to create liquidity and generate yield from an asset traditionally viewed as a store of value. The introduction of direct lending could open pathways for greater participation in private credit markets.