Securitize Taps Elixir to Boost Liquidity with Synthetic deUSD

- Enhancing liquidity for Hamilton Lane’s HLSCOPE fund - Introducing deUSD for 24/7 minting and redemption On July 31, 2025, Cointelegraph reported that Securitize has partnered with Elixir to revolutionize liquidity and settlement for Hamilton Lane’s tokenized HLSCOPE fund. According to the report, they will integrate deUSD, a synthetic yield-bearing dollar designed for decentralized finance (DeFi) infrastructures. This collaboration introduces 24/7 minting and redemption capabilities, which marks a significant departure from traditional T+2 settlement periods. The report on July 31 noted that the HLSCOPE fund, which focuses on senior secured private credit investments across North America and Europe, will allocate up to 5% of its $9 million in tokenized real-world asset reserves to back deUSD. Operating on the Polygon blockchain, this initiative allows the fund to achieve greater liquidity through Elixir’s capabilities, including cross-chain transactions, instant swaps, and efficient collateral treasury management. As a result, institutional investors will benefit from streamlined, blockchain-enabled settlement solutions that bypass conventional delays. Unlike traditional stablecoins, deUSD is not backed by a 1:1 cash reserve; instead, it utilizes collateral such as stETH (staked Ether) and sDAI (synthetic DAI stablecoin) to establish delta-neutral positions. These positions, in turn, generate yields through funding rates, offering added value to participants. As Elixir integrates deUSD into its DeFi ecosystem, it is poised to become a favored settlement instrument on decentralized exchanges, highlighting its role in the expanding landscape of tokenized financial assets. Elixir will manage liquidity flows for the HLSCOPE fund by ensuring seamless swaps between HLSCOPE tokens and deUSD. This automated liquidity mechanism is designed to enhance transaction efficiency for blockchain-based investors while maintaining stability within the deUSD collateral framework. Cointelegraph also stated that this initiative reflects a broader push toward tokenizing traditionally illiquid real-world assets like private credit and real estate. Tokenization leverages blockchain technology to optimize financial operations, which improves accessibility and flexibility for institutional investors. The deUSD mainnet is scheduled to launch in September, and substantial liquidity is reportedly already in place to support the rollout.