Mapletree's MERIT fund offered in digital tokens

It was made available in private market platform iSTOX.

A part of Mapletree Investments Mapletree Europe Income Trust (MERIT), the company’s first European office fund, has been tokenised, according to an announcement by digital securities platform iSTOX.

According to iSTOX’s announcement, the digital securities issuance gives individual accredited investors partial access to Mapletree’s MERIT fund. This means a part of the fund has been made available to individual accredited investors in tokenized form, and ‘in smaller units’.

Primary subscription for individual investors via iSTOX closed last month. Subscribed units are now listed on the iSTOX exchange for secondary trading, providing existing accredited investors liquidity and new accredited investors a chance to participate.

"At iSTOX, we expect digital securities to eventually become a regular part of the conversation for any company planning an issuance. As they are fundamentally more efficient, we expect digital securities to grow rapidly as a share of total securities issued – benefiting both issuers and investors,” chief commercial officer of iSTOX Oi Yee Choo said.

Last month: Mapletree announced the closing of the MERIT fund after raising €507m ($816m).

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia