Investors in specialist bridge financing fund, Whitehall Capital are now able to hold their assets in a tokenised form and trade units with other investors

Whitehall Capital is pleased to announce a new and innovative approach to holding investments within its specialist bridge financing fund, ‘Whitehall Capital Management Limited’ (‘Whitehall’ or ‘the ‘Fund’). Whitehall Capital has struck an agreement with US-based digital asset securities marketplace, Securitize, enabling investors in the specialist Whitehall fund to hold their assets in a tokenized form. Using the Securitize platform, Whitehall investors will now be able to buy and sell units in the Fund, trading their holdings with other investors. Whitehall Capital is the first UK-based company to engage with Securitize in this way.

Commenting on the initiative, Anthony Bodenstein, Managing Partner at Whitehall Capital said: “Our partnership with Securitize gives our investors an exciting and innovative new way to interact with us as the investment manager, and with other investors in the Fund. 

“When investors register on the Securitize platform (which can be done here: https://whitehallcapital.invest.securitize.io/#/opportunity/183), they will see a digital representation of their investment, where their investment is shown in a number of tokenised units. They can see how their investment is performing – giving them greater visibility than they have at present – and trade units with other investors, posting on the portal that they wish to buy or sell. Investment Reports and other information will also be loaded to the portal.

“As there is currently no secondary market for investments in Whitehall Capital, we anticipate investors will quickly take on board the benefits of working with this easy to use and interactive platform and holding funds in this way. This will be one of the first tokens backed by loans which are secured by property assets in the real world, delivering an income of 8% to 10% per annum. Securitize delivers a self-serving facility and will be welcomed by new and existing investors alike. We believe it will have a particular appeal for tech-savvy, early adopters and look forward to welcoming many new clients to the Fund.”

“Securitize is pleased to partner with Whitehall Capital by serving as its transfer agent”, said Jamie Finn, President of Securitize, Inc. “As a transfer agent, Securitize is responsible for issuing tokenized shares in Whitehall Capital Management Limited, providing them to shareholders, tracking transaction activity, and ensuring all of this is securely recorded on the blockchain. We look forward to working with Whitehall Capital and its team.”