Dubai-Regulated Fund Turns UK Legal Claims Into Tokenized Private Credit
Photo: DeFi Planet
A newly launched fund in Dubai’s International Financial Centre is lending directly to UK law firms and claims management companies, using tokens issued on Ethereum to represent the fund interests themselves rather than the underlying loans. Seven Stars Fund CEIC, incorporated in the DIFC on June 29 and regulated by the Dubai Financial Services Authority as an Exempt Fund, targets £250 million with a hard cap of £400 million, and is described by its backers as the first DFSA-regulated fund built specifically around specialty private credit for UK law firms.
Source: DeFi Planet
