Norton Rose Fulbright advises Truleum Venture Partners on launch of tokenized private credit fund Seven Stars Fund CEIC

Global law firm Norton Rose Fulbright said it has advised Truleum Venture Partners Limited on the launch of Seven Stars Fund CEIC , described as a DFSA-regulated, DIFC-domiciled tokenized private credit fund . According to the firm, Seven Stars Fund CEIC is intended to provide asset-backed financing to UK SRA-registered law firms and FCA-regulated claims management companies for portfolios of high-volume, short-duration legal claims . Norton Rose Fulbright said the fund targets £250 million in size, with a hard cap of £400 million . The release adds that participating shares are issued as SST Tokens using the ERC-3643 token standard.

Source: Crypto Breaking News