MIFID II INVESTMENT FIRM / CONTROL AGENT

Fund tokenisation, from issuance to settlement.

One regulated provider for issuance, investor services and wallets. Your fund lives on one authoritative register instead of five reconciled copies, settles against confirmed cash, and stays inside the fund law you already operate under.

0x7A41…4E21,250.000 unitsMINTED
0x9C08…B17480.500 unitsTRANSFERRED
0x2FD5…09A96.000 unitsREDEEMED
SETTLEDPAID

ILLUSTRATIVE REGISTER VIEW

CONTROL AGENT/ORDER ROUTING/AML / KYC/SETTLEMENT/SECONDARY MARKET ACCESS/DISTRIBUTION/WALLETS/
01
AUTHORISED 21 JULY 2025 / CSSF

First. And still the only one.

Investre is the first entity ever granted control agent status by the CSSF under Luxembourg's blockchain law IV, and remains the only holder of that authorisation. Native fund tokens can be issued, held and settled without a transfer agent or a CSD in the chain.

AUTHORISATION 01
MiFID II investment firm
Safekeeping and administration of financial instruments, traditional and digital-native.
AUTHORISATION 02
Control agent, blockchain law IV
First and only such licence granted in Luxembourg.
1 of 1
CONTROL AGENT LICENCES
GRANTED IN LUXEMBOURG
WHY IT IS SLOW TODAY

Six firms keep six records of the same shares.

Between the manager and the investor sit transfer agents, distributors, custodians and platforms, each keeping its own version of the register. Every version has to be reconciled against every other one, every day.

Luxembourg's blockchain law IV removed the reason to keep doing that. The register can now live in one place, on-chain, with full legal recognition.

€7.3tn
Assets under management in Luxembourg, Europe's largest cross-border fund centre.
€4.8tn + €2.5tn
UCITS and AIFs respectively, both still administered on register infrastructure designed for paper.
First
Investre is the first entity authorised by the CSSF as a control agent under blockchain law IV.
THE SERVICES

Take the whole chain, or a single link.

Two CSSF authorisations cover every service below. A fund needs infrastructure at every point of its route, and Investre operates the whole route.

ISSUANCE VIA CONTROL AGENT FLAGSHIP

Issuance via Control Agent

Appointed control agent for native issuance, maintaining the issuance account and the register of on-chain securities.

The only CSSF-authorised control agent under blockchain law IV.

INVESTOR SERVICES

Order to settlement, with compliance checks in the flow rather than after it. Settle off-chain in fiat or on-chain against stablecoins and tokenised money market funds.

INVESTRE WALLETS

Individual or omnibus, embedded in your own product through the SDK, or bridged to the wallet infrastructure you already run.

Same rails, every fund type.
UCITS MMF ETF AIF SECURITISATION VEHICLE
See the use cases →
INVESTRE WALLETS

Ownership has to sit somewhere. That somewhere is a wallet.

A tokenised share only exists in a wallet, so the wallet layer is not an accessory to fund infrastructure. It is part of it. Investre runs wallets as a regulated safekeeping function, with the governance, approval controls and audit trail an institution already expects from its custody chain.

Individual wallets for investor-level accounts, or an omnibus wallet where the holding chain stays aggregated
An SDK to embed wallets inside your own product, and a bridge to infrastructure you already run
Every position verifiable by the manager, the depositary and the auditor at the same moment
TWO HOLDING MODELS, ONE REGISTER
Register of on-chain securities CONTROL AGENT
MODEL A
Individual wallets

One wallet per investor. Positions visible at investor level, with no nominee chain in between.

MODEL B
Omnibus wallet

One wallet holding a distributor's whole book, with the underlying holdings aggregated behind it.

HOW YOU CONNECT
Wallets SDKEMBED IN YOUR PRODUCT
Wallet bridgeCONNECT WALLETS YOU RUN
WHY INVESTRE

Not another platform. The regulated backbone underneath one.

Regulation first, technology second

Investre is a CSSF-authorised investment firm under MiFID II and a licensed control agent under blockchain law IV. Every transaction runs inside the legal and audit standards the fund industry already relies on.

Built by people who ran fund operations

Founded in 2020 by Georges Bock, formerly Managing Partner at KPMG Luxembourg. The team combines fund administration, banking and distributed ledger engineering.

Nothing to restructure

An existing fund keeps its legal register exactly where it is. Investre creates the on-chain mirror for transparency and automated reconciliation, and the fund is never re-issued.

Operational since 2024

Issuance, registry, safekeeping and settlement are running today, and asset managers, banks, distributors and fund admins are onboarding onto the same rails.

WORKING WITH
FRANKLIN TEMPLETONSCHRODERSNORDEADNCA INVESTMENTSALKEN FUNDCANDRIAMFRANKLIN TEMPLETONSCHRODERSNORDEADNCA INVESTMENTSALKEN FUNDCANDRIAM
157FUNDS LIVE
3,000+TOKENISATIONS
FAQ

The first meeting, answered in advance.

The questions asset managers, banks and distributors ask in the first meeting.

All questions →
What is a control agent?+

A CSSF-authorised role created under Luxembourg's blockchain law IV. The control agent creates and manages the on-chain units of a digital-native fund, maintains the issuance account and the register of on-chain securities, enforces the compliance rules and verifies the custody chain. Investre is the first and currently the only authorised control agent in Luxembourg.

Can an existing fund use Investre without restructuring?+

Yes. With non-native tokenisation the legal register stays where it is and Investre creates a tokenised mirror on-chain, adding transparency and automated reconciliation on top. No re-issuance, no new licence.

Which fund types are supported?+

UCITS share classes, ETFs and money market funds, alternative funds using a bulletin board for optional secondary liquidity, and securitisation vehicles. Same infrastructure, different use case per structure.

Is Investre a crypto company?+

No. Investre S.A. is a Luxembourg investment firm authorised by the CSSF under MiFID II, and a licensed control agent under blockchain law IV. It uses blockchain as market infrastructure, not as a speculative asset class.

How do investors get paid in and out?+

Either way. Settlement can stay off-chain in fiat, so nothing changes for the investor, or it can run on-chain against stablecoins or tokenised money market funds where both sides want same-day finality.

STAY UP TO DATE WITH TOKENISATION

Two ways to follow the market without chasing it.

One arrives in your inbox every week. The other is a conversation with the people writing the rules and running the funds.

WEEKLY NEWSLETTER

The Source

Every week, the tokenisation news that actually moved something, with a short read on what it means for people running funds. No link dumps.

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PODCAST / EVERY OTHER WEEK

The Final Block

Georges Bock in conversation with the regulators, lawyers and asset managers building tokenised funds. Candid about what works and what does not.

Listen to episodes

Bring one share class. See the whole path.

Bring one structure. We will show you the register, the wallet layer and the settlement path in forty minutes.

Talk to an expert