The U.s sec cracks down on
non-compliant wild west crypto firms.
The private firm KKR opened up 4 billion dollar Health Care Strategic growth Fund.
That effort is the recent step of the investment management company in the Blockchain industry.
Dan Parant states that Longer term, blockchain has a complete applicability across the value chain of private markets.
KKR might be the first US firm to open funds of tokenisation on a public blockchain.
KKR's secret to being early to the game was when it opened competition among it's employees.
The crytpo work of KKR had been limited to team building and investing till early of this month.
With the partial tokenisation of HCSG II Fund, the work changed.
Other possible blockchain applications could involve new ways to structure public funds.
The companies that were earning a lot should have invested more in compliance to protect their investors.