DigiFT, a regulated exchange for institutional-grade, tokenized real-world assets (RWAs), has partnered with Pilgrim Partners Asia to tokenize Peakwater Volatility Alpha (Peakwater Fund) as the pEAK token—bringing a first-of-its kind regulated, institutional-grade cross-asset volatility return strategy on-chain.
The Peakwater Fund is managed by Pilgrim Partners Asia, a MAS-licensed fund manager with over 16 years of investment management experience and more than US$1 billion in assets under management. This fund is among its latest strategies—focused on systematically capturing volatility risk premia across traditional and digital markets.
Now, with the launch of pEAK, DigiFT is unlocking tokenized access to this active, absolute return strategy via fully compliant infrastructure. Accredited and institutional investors can access the strategy through a digital-native format—fully integrated with on-chain portfolio workflows.
pEAK: Capturing Volatility Alpha On-Chain
pEAK targets returns through systematic relative value and arbitrage strategies across equities, fixed income, and digital asset proxies such as Bitcoin ETFs (IBIT), Bitcoin Index (CBTX), Coinbase (COIN), and MicroStrategy (MSTR). With daily risk monitoring and strict controls, the strategy is built to deliver uncorrelated performance while preserving discipline.
What sets pEAK apart is its meaningful allocation to digital asset derivative volatility—a structurally rich and underexploited alpha source. By using regulated, liquid instruments that track crypto market dynamics, the fund provides institutional investors with indirect exposure to digital asset volatility—without the custody, compliance, or operational risks of holding crypto directly.
“As tokenized finance matures, the next frontier is bringing intelligent, risk-managed return strategies on-chain,” said Henry Zhang, Founder & CEO of DigiFT. “pEAK brings that to life—bridging institutional volatility investing with the accessibility and composability of blockchain.”
Completing the Tokenized Portfolio Spectrum
The launch of pEAK introduces “tokenized alpha”—a new category of institutional-grade RWAs designed to deliver actively managed return strategies on-chain. It expands DigiFT’s portfolio of institutional-grade RWA offerings, which includes uMINT, a UBS Asset Management-issued money market fund token offering on-chain access to capital preservation and daily income, and iSNR, a tokenized note that delivers on-chain exposure to institutional private credit by tracking the performance of a senior loan strategy managed by Invesco.
“The Peakwater Volatility Alpha Fund was designed to stay nimble across volatility cycles—whether it’s macro-driven equity swings or digital asset repricing events,” said David Lau, Portfolio Manager of the Peakwater Fund, Pilgrim Partners Asia. “Partnering with DigiFT allows us to deliver this strategy to a new generation of allocators who value flexibility, transparency, and uncorrelated returns.”
“pEAK represents a breakthrough in institutional-grade volatility investing—disciplined, data-driven, and designed for today’s complex market regimes,” said Albert Ee, CEO and Principal of Pilgrim Partners Asia. “At Pilgrim Partners Asia, we’re proud to facilitate the launch of forward-thinking strategies like this from Singapore’s regulated fund ecosystem.”
About DigiFT
DigiFT is a next-generation exchange for tokenized real-world assets (RWAs), licensed by the Monetary Authority of Singapore (MAS) and granted Approval in Principle by the Hong Kong Securities and Futures Commission (SFC). The platform offers end-to-end digital asset services—including tokenization, issuance, distribution, trading, and instant liquidity provision—purpose-built for institutional RWAs. Trusted by global financial institutions, DigiFT is the on-chain tokenization and distribution partner for leading asset managers such as UBS Asset Management and Invesco. For more information, visit https://www.digift.sg
About Peakwater Volatility Alpha Fund
Peakwater Volatility Alpha Fund (Registration No. T24VC0084D-SF004) (Peakwater Fund) is a registered sub-fund of Pilgrim Investment VCC, an umbrella variable capital company incorporated in Singapore, with the assets and liabilities of Peakwater Fund segregated in accordance with section 29 of the Variable Capital Companies Act 2018 of Singapore. For more information, visit https://www.peakwatervolatility.com
About Pilgrim Partners Asia
Pilgrim Partners Asia is a Capital Markets Services (CMS) licensed fund management company founded in 2009 in Singapore. It manages a suite of over 40 differentiated investment strategies and is committed to delivering aligned, risk-conscious performance to institutional investors. For more information, visit https://www.pilgrimpartnersasia.com
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