Private debt exposure on the blockchain: UK first as Whitehall Capital partners with US leading digital securities marketplace

Whitehall Capital is offering an innovative approach to holding investments within its specialist bridge financing fund, Whitehall Capital Management Limited. Whitehall Capital has struck an agreement with US-based digital asset securities marketplace, Securitize, enabling investors in the Whitehall bridge lending fund to hold their units in the fund as blockchain tokens.

Using the Securitize platform, Whitehall investors will now be able to buy and sell units in the fund, trading their holdings securely 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 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://securitize.io/invest/primary-market they will see their investment as 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 to the benefits of working with this easy-to-use and interactive platform and holding units in this way. This will be one of the first blockchain tokens backed by loans that are secured by property assets in the real world, delivering an income of 8% to 10% per annum. Securitize delivers a secure platform available to 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 the 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 Amram Capital which owns Whitehall Capital and its team.”