Hong Kong-based Flow Capital Partners is planning to tokenize its $150M private credit fund on the blockchain through Singapore-based DigiFT, aiming to raise an additional $30 million in tokenized shares by the end of 2026. This move is part of Flow Capital's strategy to expand the fund to $250 million with a target net return of 12%. The move is seen as part of a wider effort to use tokenization as a distribution channel for traditional credit products. However, industry leaders have raised misconceptions about the liquidity of tokenized assets, stating that some instruments, including bonds, money market funds and stablecoin, will likely see consistent liquidity on blockchain rails.