Tokenbridge launches tokenisation platform for fund managers
The Tokenbridge platform has several features the company believes are set to “remake the investment landscape”.
The platform uses distributed ledger technology to provide an efficient way to access digital investment. It does this while cutting out operational processes and their associated risks, through the delivery of their bespoke, white label B2B token distribution solutions.
The platform is open-architecture, compatible with any asset or network token, and blockchain agnostic. According to the company, this makes tech stack optimisation easier and cuts complexity, risk and cost while allowing for hyper-personalisation.
Challenges loom for asset managers embracing tokenisation
Daron Pearce, executive chair of Tokenbridge, said: «Our ambition is to completely redefine the wealth and fund management industry.
»By harnessing the unparalleled potential of distributed ledger and smart contract technologies, we are not just streamlining fund management and distribution, we are catapulting it into a new era."
The Tokenbridge platform has several features the company believes are set to «remake the investment landscape», the firm said.
It uses automated business rules tailored for advisers, fund managers and asset servicers for efficient and integrated digital operations.
UK funds given approval to begin tokenisation efforts
The platform also offers a fully integrated central bank digital currency or stablecoin cash management solution.
According to a survey from the Investment Association and financial software specialist Bravura, 29% of asset managers said they were set to offer tokenised funds within the next one to five years, while over half said they would do so in the next decade.
However, following the approval
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