This page contains resources regarding tokenised funds, sometimes known as "digital", or "on-chain funds"; what they are, why they can add value and how they work.
The IA is currently advocating that UK policymakers enable tokenised funds, as more fully explained in our recent report here.
TOKENISED FUNDS SERIES WITH CMS
The IA has published a series of papers over the course of 2020 and 2021 in collaboration with CMS. These papers explore the basics of tokenised funds, the regulatory and disputes considerations, and prospectus disclosures that may be necessary.
We hope these are helpful in explaining the technical aspects that the industry needs to consider to make them an effective proposition for use by members.
US
- December 2022: WisdomTree Announces Nine New Blockchain-Enabled Funds are Effective with the SEC
- April 2022: Digital Funds Seeks to Launch Tokenized S&P 500 Fund
- February 2022: Arca Labs: Blockchain Transferred Funds (BTFs): The New Frontier for Investment Funds
- December 2021: Financial Times: Blockchain-powered breakthrough on mutual fund
UK
- March 2022: Apex Group acquires majority stake in FAC
- November 2021: SS&C: Tokenization of Funds Mapping a way forward
- September 2021: LSEG / FundAdminChain Tokenised Funds Round Table
Europe
France
- November 2022: Axa IM lists first fund on blockchain platform
- November 2022: Iznes blockchain marketplace adopts a new technology
- June 2022: La Francaise makes real estate funds available on Iznes
- June 2022: Natixis trials money fund sales via blockchain
- April 2022: Generali fund arm carries out first blockchain transaction
- March 2022: BNP Paribas & Iznes
- January 2018: SETL launches IZNES blockchain platform
Germany
- June 2022: 'KryptoFAV' law enters into effect, enabling German funds to issue tokens
- April 2022: Gridl Asset Management GmbH enables investors to invest in the first digital twin of a mutual fund in Germany
- April 2022: BNP Paribas conducts PoC for mutual fund transaction on fundsonchain’s settlement platform
- February 2022: UI Enlyte 'Imagine a world...'
Luxembourg
- June 2022: CSSF: Circular confirming that shareholder registers can be held on DLT
- April 2022: FundsDLT: Digital fund distribution is here today
- February 2022: FundsDLT: DLT and the new model transfer agent
- January 2022: The Use of DLT in the Asset Management Sector – Assets, Infrastructure and Regulation in Transition
- October 2021: FundsDLT and UBS AM explore blockchain-based fund distribution
- 2021: Tokeny: The benefits of tokenized funds
Italy
Spain
South Africa
Asia
August 2022: SFIG launches Fundnode utility
Australia
- December 2022: Vanguard launches blockchain platform in Australia
