Modern liquidity solutions for illiquid funds

Tokenised bulletin boards let AIF managers offer controlled, compliant liquidity — without changing the fund’s strategy or structure.

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Trusted by industry leaders

Bringing liquidity options
to illiquid funds

AIFs are built for long-term investing, but investors increasingly want the flexibility to exit or rebalance when needed. Traditional secondary processes are slow, expensive, and inaccessible for most investors.

Tokenised bulletin boards offer a practical alternative and a compliant way for managers to allow occasional liquidity under their supervision, without changing the fund’s structure or risk profile.

Why leading AIF managers are exploring tokenised liquidity

Controlled Flexibility

Allow investors to access optional liquidity windows — without transforming your fund into a trading vehicle or compromising regulatory intent.

Regulatory Confidence

Our approach is fully aligned with AIFMD, ELTIF 2.0, and CSSF guidance, ensuring bulletin boards remain compliant notice boards, not trading venues.

Operational Simplicity

Automated register updates and on-chain settlement reduce friction and enhance transparency for managers and service providers.

Market Signalling

Transparent pricing on bulletin boards helps managers understand secondary demand and investor behaviour over time across different market conditions.

From illiquidity to optional liquidity

Tokenised bulletin boards introduce a new level of flexibility for AIFs — one that respects the illiquid nature of the asset class while meeting evolving investor expectations.

Use case we enable:

Tokenised Bulletin Boards for AIFs

Tokenised bulletin boards make liquidity possible from day one in a controlled, compliant way. This model creates a live, compliant secondary environment where liquidity builds over time as more investors participate without altering the fund’s core structure.

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The future of liquidity management is already taking shape


Across Europe, AIF managers are embracing a more agile, technology-driven approach to liquidity. The evolution toward secondary solutions is inevitable.


Investre provides the regulatory framework and operational tools to make it work, ensuring every innovation stays compliant, transparent, and under manager control.

Proven Infrastructure

Live DLT infrastructure designed for compliant, manager-controlled liquidity events.

Regulatory Readiness

Structured within existing regulatory frameworks, ensuring every transaction remains under manager oversight and investor protection.

Integrated Distribution Ecosystem

Connects AIFs, fund administrators, and qualified investors through secure, regulated environments.

Strategic First-Mover Positioning

Early adopters gain visibility, investor confidence, and operational advantage in a changing market.

Set the standard for the next generation of AIF liquidity management.

Talk to us about becoming a first mover

Ready to modernise your AIF distribution strategy?

Offer optional liquidity without sacrificing control. Tokenisation makes it possible and compliant.

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FAQ

Curious? Start here.

What is Investre?

Investre is a CSSF-authorised investment firm based in Luxembourg that modernises how investment products are issued, held, and distributed, using blockchain infrastructure alongside full regulatory compliance. It is not a crypto company — it's a regulated financial institution using blockchain as infrastructure, not for speculative trading.

Is Investre regulated?

Yes. Investre S.A. is authorised by the CSSF, Luxembourg's financial regulator, and operates as a Control Agent under the Blockchain IV Law framework. It also provides CSSF-authorised safekeeping and administration of financial instruments, for both traditional and digital-native products.

What are "the rails" Investre provides?

Investre covers the full journey a fund token takes: issuance, order routing, clearing and settlement, wallet infrastructure (safekeeping), and secondary market access. Like a train needing rails at every point of its route, a tokenised fund needs infrastructure at every one of these steps — Investre can provide the entire journey, or any single segment of it.

What is tokenisation?

Tokenisation means creating digital units that represent fund shares on a blockchain, in one of two ways. Non-native tokenisation mirrors an existing fund — the legal register stays off-chain, and the blockchain adds transparency and automated reconciliation on top. Digital-native issuance puts the fund directly on-chain under a regulatory framework, with the blockchain becoming the single authoritative source.

What is a Control Agent?

A Control Agent is a CSSF-authorised role, created under Luxembourg's Blockchain IV Law, responsible for creating and managing on-chain units of a digital-native fund, ensuring supply integrity, enforcing compliance rules, and verifying the custody chain. Investre is the first and currently only authorised Control Agent in Luxembourg.

Can an existing fund use Investre without re-issuing or restructuring?

Yes. Through non-native tokenisation, an existing fund's legal register stays exactly where it is. Investre creates a tokenised mirror on-chain for transparency and automated reconciliation, without requiring the fund to be re-issued.