Tokenised funds. Issued on-chain..
Tokenised fund interests issued natively on-chain — across leading fund jurisdictions including Jersey, Cayman, BVI and ADGM. Same prospectus, same regulator, faster settlement. Or consider the AMC route for a faster, more flexible alternative.
Tokenised funds.
A tokenised fund is a fund — Jersey Private Fund (JPF), Cayman Private Fund or Cayman Exempt Fund, BVI Incubator or Approved Fund, or ADGM fund — where the participating interests are issued and held as compliant on-chain tokens. The fund itself is the same legal entity it would be without tokenisation: same governing law, same regulator if applicable, same investor protections, same marketing analysis.
What changes is the register and the settlement layer. Instead of a paper register maintained by a transfer agent or fund administrator, the smart contract is the register of interests. Subscription and redemption happen against published NAV, typically same-day where a stablecoin cash leg is used.
Considering a tokenised fund? Consider an AMC. For many issuers, an Actively Managed Certificate achieves equivalent economic exposure on a faster timeline (2–4 weeks vs. 2–3 months for a tokenised fund) with a narrower regulatory perimeter. AMCs are debt instruments referencing a managed strategy — they tend to be freely transferable on secondary markets (typically peer-to-peer) and can be fully composable with DeFi infrastructure. Funds offer institutional governance optics; AMCs offer modular flexibility and DeFi-native composability. We can structure either.
Built for managers who want to distribute differently.
Emerging fund managers
First or second fund. Want global investor distribution without the cost of a full bank syndicate. Tokenisation gives you a wider on-chain investor base with a credible institutional structure underneath.
Established managers extending product lines
Run conventional funds today, want a tokenised share class for a new strategy or a digital-asset-native investor cohort. Same governance, same admin team.
Crypto-native treasuries and allocators
Already operating on-chain. Want institutional-grade fund structure (regulated administrator, KYC-gated wallets, real NAV) without leaving the chain.
Four steps from term sheet to live token.
The same structuring path you'd follow for a non-tokenised product, with the smart-contract and identity-registry pieces wired in from the start.
Structure
Pick the vehicle — Jersey PF, Cayman Private/Exempt Fund, BVI Incubator/Approved Fund, or ADGM — and incorporate. Work with your legal counsel on articles and offering memorandum, or use Assetize-introduced counsel where you don't already have one.
Onboard
Investors KYC'd; identity claims issued; marketing notifications filed where in scope.
Issue
Subscription opens; investors subscribe via stablecoin or fiat against published NAV; smart contract mints tokens to pre-onboarded wallets.
Distribute
Secondary transfers permissioned to pre-onboarded investors; NAV oracle publishes on cadence; redemptions atomic against the cash leg.
Familiar regulator. Same protections.
Multiple jurisdictions, single Assetize stack
Tokenised fund structures are available across the major IFCs. The right jurisdiction depends on investor base, asset class, and tax position.
- →Jersey Private Fund (JPF) — JFSC-regulated, suited to sophisticated investors
- →Cayman Private Fund / Cayman Exempt Fund — CIMA-regulated; widely accepted by institutional digital asset allocators
- →BVI Incubator and Approved Fund — fast launch, smaller AUM ceilings
- →ADGM and DIFC — for GCC-facing managers and regional capital
- →Token wrappers: permissioned ERC standards; investors are KYC'd, and tokens are transferable between pre-onboarded investors
Side by side.
| Feature | Conventional fund admin | Tokenised AMC on Assetize | Tokenised Fund on Assetize |
|---|---|---|---|
| Legal nature | Fund interest / equity | Debt instrument / certificate | Fund interest / equity |
| Time to launch | 3-9 months | 2-4 weeks | 2-3 months |
| Register of interests | Off-chain at fund admin | On-chain, smart-contract gated | On-chain, smart-contract gated |
| Secondary transfer | Manual, admin-approved | Freely transferable on permitted markets | Pre-onboarded investors only |
| DeFi composability | No | Possible, where permissioning allows | Limited |
| NAV calculation | Fund admin, off-chain | Strategy NAV → oracle | Fund admin → oracle |
| Settlement | T+3 typical | Same-day, atomic | Same-day, atomic |
| Best for | Status quo | Speed, flexibility, secondary liquidity | Institutional governance optics |
Common questions.
Is a tokenised fund a security?+
Yes. A tokenised fund is a regulated investment fund whose interests happen to be issued on-chain. Tokenisation is a register and settlement choice; it does not change the underlying legal nature of the interest.
Which chain do you use?+
We use EVM Layer 2s and Ethereum Layer 1, as well as other chains by arrangement. Token contracts run permissioned KYC logic — investors are onboarded once and tokens are transferable between pre-onboarded investors.
How is NAV calculated and published?+
NAV is calculated off-chain by the fund administrator. The calculated NAV is published to an on-chain oracle on the cadence specified in the fund constitution — daily for open-ended funds, weekly or monthly otherwise.
Can existing investors subscribe in fiat?+
Yes. Subscription can be in stablecoin (USDC default), conventional fiat via SWIFT or faster payments, or tokenised cash where available.
Should I launch a tokenised fund or an AMC?+
If you need open-ended subscription/redemption against NAV, institutional fund governance optics, or AIFMD-style marketing passporting — a tokenised fund is right. If you want speed (2-4 weeks vs. 2-3 months), modular flexibility, secondary liquidity and DeFi composability — an AMC referencing the same strategy may be the better fit.
What does it cost?+
Hybrid model: fixed annual administration fee per fund and a per-investor maintenance fee. Pricing depends on jurisdiction, structure and AUM. We share detailed pricing during the Apply process.
Related solutions.
Actively Managed Certificates
Faster, more flexible alternative — debt-format wrapper around a managed strategy.
Explore →Stablecoin Yield
Yield products for end users — each issuance in its own bankruptcy-remote cell.
Explore →Tokenised Strategies
Active strategies wrapped as fund, AMC or tracker certificate.
Explore →Launch tokenised funds in weeks.
Tell us about the use case — we'll come back to you with a structuring path, an administrator estimate, and a timeline.
Apply to issue →