A Singapore-regulated cryptocurrency exchange, Digift, has announced that it will launch what it says is the first index fund in which the shares and underlying shares are tokenized and traded on the chain.

The platform, licensed by Singapore’s monetary authority, collaborates with the investment company Hash Global to debut two index funds: a tracking of top artificial intelligence (AI) shares and another tracking of leading crypto assets, according to a statement.

The move, says it, replaces the traditional infrastructure behind portfolio management – brokers, banks, custodians – with smart contracts and stablecoins. Investors will subscribe to and redeem from the funds using USDT or USDC and see real -time funds on blockchain.

“By bringing shares in the real world to the fully of the chain, we remove inefficiency, improve accessibility and set a new standard for how portfolios are structured, traded and controlled in a blockchain-native environment,” said Henry Zhang, CEO of Digift.

The artificial intelligence-focused Digift Hash Global AI Index Fund will offer exposure to companies such as Apple, Tesla and Microsoft, which are tokenized to reflect their real stock values. Another fund traces large cryptocurrencies, including Bitcoin, Ether and Solana.

The structure provides investors around the clock access to the funds, greater transparency and increased liquidity. Hash Global called Tokenized Shares “the most important” real assets to bring on-chain.

The funds will only be available to accredited and institutional investors at launch.