Talk to an expert
START HERE
How to tokenise a fund
The route in, whichever fund you start with.
UCITS AND MMFS
How to tokenise a share class
How to tokenise an ETF
How to tokenise a MMF
ALTERNATIVE FUNDS (AIFS)
How to tokenise a bulletin board
SECURITISATION VEHICLES
How to tokenise an SPV

Same rails, every fund type. Start from the fund you have, not the technology.

Not sure where you fit? Talk to us
Investor Services | Safekeeping
Safekeeping MIFID II INVESTMENT FIRM / CONTROL AGENT / TRANSFER AGENT

Assets on-chain, legally enforceable, accessible 24/7.

A tokenised share exists in a wallet. Investre’s wallet infrastructure identifies a MiFID-compliant securities account, and we hold the keys as an authorised safekeeper. The blockchain is the single record of every position, shared and accessible to everyone entitled to see it, with a second record kept as a back-up.

AT A GLANCE
ROLEWallet infrastructure and safekeeping of tokenised units
AUTHORISATIONSafekeeping and administration of financial instruments
KEYSHeld by Investre in certified hardware
RECORDSOne on-chain record, with a safe back-up in case of loss of keys
WORKING WITH
FRANKLIN TEMPLETONSCHRODERSNORDEADNCA INVESTMENTSALKEN FUNDCANDRIAM21XFRANKLIN TEMPLETONSCHRODERSNORDEADNCA INVESTMENTSALKEN FUNDCANDRIAM21X
HOW IT WORKS

One shared record, with a back-up.

The blockchain is the single record of every position. Our own books keep a second copy as a back-up, and support the off-chain work a fund still needs.

01
Wallets on-chain

Each client’s holdings sit in blockchain wallets. We hold the keys inside certified hardware, from which they cannot be extracted.

02
A back-up record

The same positions are copied to the Investre Custody Ledger, which serves as a back-up and supports cash settlement, accounting and reporting.

03
Separated from issuance

We also act as control agent or transfer agent for issuance. Safekeeping is run independently of it, with its own controls.

04
Reconciled continuously

Wallet balances, contract states and tokens in issue are checked against the custody ledger continuously rather than periodically.

WHAT IT CHANGES

One record, shared and backed up.

Custody of a tokenised share is key control. We hold the keys under a mandate, and the position lives on one shared record.

01
Single record

Every position sits on one on-chain record that the investor, the asset manager, the depositary and the auditor all read from.

02
Off-chain work remains possible

Cash settlement, fund accounting, pre-settlement checks and reporting all require an off-chain position. The custody ledger provides one.

03
Investors can see holdings 24/7

Investors see their holdings at any hour, on the blockchain record itself and in their own investor interfaces.

04
Backup plan

If keys are lost, the custody ledger holds a full second record of every position, so holdings can be restored.

SCOPE

The asset manager keeps the fund. We carry the custody.

Depending on the mandate, we carry custody, reconciliation, monitoring and reporting of the tokenised units. Fund governance, portfolio management and the investor-facing relationship remain with the asset manager.

WHAT STAYS WITH THE ASSET MANAGER
01Fund admin
02Fund accounting
03Custody of cash management
04Management of distributor network
WHAT INVESTRE CARRIES
01Regulated safekeeping of tokenised units
02Wallet custody linked to each investor position
03KYC of individual investors
04Continuous reconciliation and monitoring
05Holdings and transaction reporting
THE REST OF THE STACK

Safekeeping is the mandate underneath the wallet.

Every investor service runs against the same on-chain register, operated by the same regulated firm. So adding one does not mean connecting another system.

QUESTIONS

Answered in advance.

Who carries the AML / KYC responsibility?+

Investre can take on AML / KYC responsibility itself where it provides the digital wallet, as custodian, or acts as transfer agent. In all other cases, Investre carries out AML / KYC under a contractual mandate from the fund.

Who holds the private keys?+

We do, inside certified hardware. Keys are generated there and cannot be exported.

What happens if Investre fails?+

The assets are segregated and are not part of our balance sheet. The register and issuance account identify every holder, and the independent blockchain network continues to guarantee the integrity of that single record. There is a documented path to transfer safekeeping to another firm.

Can an investor hold their own wallet?+

Where the structure permits it, yes. It moves key risk to the investor, and we set that out before you choose it.

Is the position insured?+

We carry professional indemnity cover as a regulated firm. Cover is not a substitute for the controls, and the controls are the more useful conversation.

Bring the custody scenario that concerns you.

These conversations usually turn on one question the buyer has already asked internally.

Talk to an expert→
FORTY MINUTES / TAILORED TO THE FUND, NOT A STANDARD PITCH
YOU LEAVE WITH
—How the keys are held and recovered
—How the fund’s assets are segregated
—Which control reports you can put in front of a board