Singapore's DigiFT is Tokenizing Stocks Including AAPL, TSLA, MSFT on its New On-Chain Fund

Singapore's DigiFT is launching the first fully tokenized on-chain index fund, featuring stocks including Apple, Tesla, Microsoft, Alphabet and Nvidia.

By tokenizing these assets, DigiFT eliminates the need for traditional intermediaries, offering institutional and professional investors unprecedented efficiency, speed, and flexibility in trading and managing their assets.

The model streamlines portfolio creation, allowing fund managers to seamlessly launch and scale stock portfolios on-chain without the burdens of traditional banking and brokerage setups.

Additionally, automated smart contracts facilitate portfolio construction, investor relations, and fundraising, significantly reducing administrative overhead. Portfolio positions will be recorded on-chain, allowing investors to verify holdings and transactions.

Fund subscriptions and redemptions will be available via stablecoins like USDT and USDC, and funds can be traded 24/7 with instant on-chain settlement.

DigiFT’s first tokenized index fund will be launched in partnership with Hash Global. The DigiFT Hash Global AI Index Fund will provide exposure to AI-related stocks such as NVIDIA, Apple, Microsoft, Tesla, and Alphabet.

“The future of asset management is digital, and tokenization is the key to unlocking greater efficiency and transparency in investment products,” said James Shen, Founding Partner at Hash Global.

“Web3 technology brings standardization for all investable assets. We believe equities are the best proxy of real-world economy and the most important RWA that we should bring on-chain for Web3 ecosystem. We start by offering an AI equity index fund including the top 10 AI stocks for both Web3 and Web2 investors. We are working with DigiFT to bring more best-in-kind index funds on-chain to give investors the easiest and cheapest way to access these assets.”

The move comes less than a month after DigiFT successfully obtained a custodial license from the Monetary Authority of Singapore ( MAS ) under its existing Capital Markets Services (CMS) license.

Its new custodial authorization allows DigiFT to offer end-to-end solutions for tokenized assets, streamlining the issuance, settlement, and custody of digital securities. Security and efficiency of tokenized RWAs and will also be enhanced, strengthening institutional trust in the growing decentralized finance (DeFi) ecosystem.

Beyond tokenizing fund shares, DigiFT is also tokenizing the underlying stocks themselves, transforming how portfolio managers operate and how investors interact with financial products.

“Tokenizing the underlying assets—not just fund shares—fundamentally transforms how asset management operates, creating unprecedented liquidity, transparency, and accessibility for institutional investors,” said Henry Zhang, Founder & Chief Executive Officer of DigiFT.

“By bringing real-world equities fully on-chain, we remove inefficiencies, enhance accessibility, and set a new standard for how portfolios are structured, traded, and managed in a blockchain-native environment.”

Tokenization is becoming an increasingly popular form of utilizing the blockchain to enhance both digital and physical assets across the world.

Earlier this week, brokerage firm and investment funds provider Fidelity Investments filed to register a tokenized version of its US dollar money market fund on Ethereum.

According to its 21 March filing with the US Securities and Exchange Commission ( SEC ), its new blockchain initiative, named “OnChain,” will enable tracking transactions of the Fidelity Treasury Digital Fund (FYHXX), an $80 million fund primarily invested in US Treasury bills.

Over in the Middle East, the Dubai Land Department (DLD) became the first property registration authority in the region to use blockchain for property title deeds, modernizing its operations and enhancing transparency and efficiency in the real estate sector.

Developed in collaboration with the Virtual Assets Regulatory Authority (VARA) and the Dubai Future Foundation (DFF), the programs supports Dubai 2033 real estate strategy, which seeks to leverage emerging technologies to bolster the city’s reputation as a global technology and innovation hub.

The DLD has projected that tokenized real estate could account for 7% of Dubai's total property transactions by 2033, translating to an estimated 60 billion dirhams ($16 billion).