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Blockchain startup FundAdminChain acquires a significant share from Apex Group

Blockchain startup FundAdminChain has been acquired by a significant share from Apex Group, enabling the digitization of funds as digital assets.

Investment firm Apex Group obtains principal ownership of digital ledger technology company...
Investment firm Apex Group obtains principal ownership of digital ledger technology company FundAdminChain

Blockchain startup FundAdminChain acquires a significant share from Apex Group

The global fund administration sector is witnessing an accelerating adoption of blockchain technology, driven by regulatory clarity, government initiatives, and institutional demand. This shift towards embracing blockchain as foundational infrastructure is particularly noticeable in the United States in 2025.

One of the key players in this transformation is IZNES, a UCITS fund distribution platform in France, which is powered by blockchain. This technology simplifies administration by automatically logging the list of fund investors.

The strategic move towards blockchain can also be seen in the partnerships and acquisitions within the industry. The Apex Group, a provider of various financial services with a significant presence in fund administration, has taken a majority stake in FundAdminChain, a blockchain fund tokenization platform. By tokenizing funds, Apex expects to reduce the cost of launching and distributing funds, as well as create new revenue opportunities.

The combination of Apex and Sanne's businesses offers significant potential deal flow for FundAdminChain. This synergy is further bolstered by R3, a shareholder of FundAdminChain, whose Corda distributed ledger (DLT) is used by FundAdminChain.

The startup, FundAdminChain, was founded in 2019 by Brian McNulty, who previously worked at enterprise blockchain firm R3. The platform aims to launch a regulated marketplace for digital funds, connecting asset managers, investors, transfer agents, and other service providers to a shared network, reducing the need for multiple API integrations.

In Europe, Allfunds, Calastone, and FNZ are also leveraging blockchain in their operations. The Luxembourg Stock Exchange founded FundsDLT, which is currently in production.

Institutional blockchain demand has surged due to regulatory clarity and government endorsement, positioning crypto as mainstream economic infrastructure. Organizations like DTCC are developing frameworks to assist regulated financial institutions, including fund administrators, with the safe and compliant adoption of public blockchain networks.

In conclusion, blockchain adoption in global fund administration is at a pivotal point, catalyzed by robust U.S. government support, clearer regulations, and institutional momentum. These factors collectively drive innovation in transparency, efficiency, and compliance within fund administration, signaling broader global trends toward digital asset infrastructure integration.

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