Aurum Equity Partners, a leading private equity firm, has announced the launch of the world’s first combined equity and debt tokenized $1B fund, utilizing Zoniqx’s asset tokenization solutions. This initiative will leverage the XRP Ledger (XRPL), an open source, and decentralized Layer 1 blockchain to unlock new opportunities in real world asset tokenization (RWA) for data center investments. The initiative will establish global data centers across the United States, United Arab Emirates, Kingdom of Saudi Arabia, India, and Europe, showcasing a significant real-world application of tokenization.
This initiative will harness Zoniqx’s cutting-edge Tokenized Asset Lifecycle Management (TALM) solution and the Dynamic Compliant Interoperable Security Token (DyCIST) protocol to transform Aurum Equity Partners' assets into tokenized financial instruments. This development marks a significant step forward in integrating blockchain technology with traditional financial markets.
Key Highlights:
ESG First and AI Operated Next Generation Data Centers: Cutting-edge facilities managed by AI for optimal efficiency and sustainability.
Advantages:
“We are excited to work with Zoniqx to bring this groundbreaking project to life,” said Venkat Bussa, CEO and Chairman, General Partner at Aurum Equity Partners. “This development aligns with our commitment to leveraging cutting-edge technology to enhance liquidity, transparency, and overall investment efficiency for our investors.”
Prasanth Kalangi, Founder and CEO of Zoniqx, added, “Working with Aurum Equity Partners on this innovative project is a significant milestone in our mission to advance asset tokenization. Our technology is designed to meet the evolving needs of the financial industry, and we are excited to demonstrate its potential in the private equity space.”
David Schwartz, CTO of Ripple and Co-creator of the XRP Ledger, added “Tokenizing private equity is another emerging use case in RWA, tackling the challenges of illiquidity and limited access in these markets. By using XRPL’s ability to process transactions efficiently and securely, Aurum and Zoniqx are showing how real-world assets can be managed more effectively harnessing a decentralized blockchain.”
About Zoniqx: Zoniqx ("Zoh-nicks") is a global fintech leader headquartered in Silicon Valley, specializing in converting real-world assets into Security Tokens. It offers an interoperable, compliant infrastructure for the RWA tokenization market, enabling global liquidity and DeFi integration through its end-to-end ecosystem of SDKs and APIs. Zoniqx pioneers on-chain, fully automated RWA deployment on public, private, and hybrid chains. To explore how Zoniqx can assist your organization in unlocking the potential of tokenized assets or to discuss potential partnerships and collaborations, please visit our contact page.
About Aurum Equity Partners: Aurum Equity Partners, led by CEO and Chairman Venkat Bussa, specializes in investing in infrastructure assets that provide essential services to communities and businesses. Their focus is on building a diversified fund that delivers long-term value for investors while contributing to economic growth. With deep expertise in real estate, venture capital, growth equity, and leveraged buyouts within cloud infrastructure, Aurum Equity Partners is committed to sustainable investing and a personalized approach to identifying and evaluating the best opportunities in the cloud infrastructure sector. For more information, visit their website.
About the XRP Ledger: The XRP Ledger (XRPL) is a decentralized layer 1 blockchain renowned for its decade-long reliability and stability in tokenizing and exchanging crypto-native and real-world assets. Designed to support businesses and builders, it is powered by XRP, a cryptocurrency purpose-built for payments. Trusted by over 1,000 visionary builders and businesses worldwide, the XRP Ledger offers institutional-grade functionality and built-in features to enable secure, efficient, and scalable financial services and use cases. It's more than just a blockchain – it's a global developer community dedicated to transforming future business solutions.