Clearstream has obtained CSSF approval to issue tokenised fund shares on a distributed ledger, enabling regulated on-chain handling of individual share classes without rebuilding funds.
Clearstream is advancing tokenized fund distribution by enabling asset managers to issue dematerialized, tokenized fund share classes within a regulated framework, using a permissioned distributed ledger with automated controls, reconciliation, and transparent holding-chain monitoring.
Clearstream has appointed Philippe Mueller as Head of Digital Products and Transformation for Clearstream Fund Services, signaling a strategic push into digital fund solutions, including DLT-enabled infrastructure, with emphasis on fund distribution and transfer agency.