FundsDLT develops a decentralized platform to facilitate fund distribution using the distributed ledger technology (DLT). FundsDLT is built upon a blockchain technology based on Ethereum, that ensure data privacy and high execution performance.
The platform enables the reengineering of the whole fund distribution value chain, from front to back, covering the entire fund lifecycle. It allows asset managers, distributors, asset servicers, and the entire supply chain to reduce costs by removing redundant activities, while providing the opportunity to achieve necessary transparency on end investors and creating the foundation for digital fund distribution.
The Series A funding will strengthen the FundsDLT platform and accelerate its commercial development. Other fund management players are invited to join the initiative.
