🤑Exit Strategy

Fume is building core infrastructure for the future of fund management—automating fund administration, reducing operational friction, and enabling compliant on-chain investment vehicles. Given our position at the intersection of finance and blockchain, our most likely exit is a strategic acquisition by a major player looking to accelerate their entry or dominance in the digital asset and fund services space.

We see two primary categories of acquirers, each with strong strategic alignment:


1. Traditional Fund Administrators Modernizing Their Stack

Legacy fund service providers are under pressure to reduce fees, automate operations, and expand into digital asset offerings. These firms typically manage hundreds of billions in AUM but rely on outdated infrastructure.

Potential acquirers:

  • Apex Group

  • SS&C Technologies

  • Northern Trust

  • State Street

  • BNY Mellon

Strategic rationale:

  • Acquire Fume to replace legacy admin processes with blockchain automation

  • Bundle Fume’s tech into existing service offering to retain and attract digital-native fund managers

  • Reduce internal development cost/time-to-market


2. Tokenization Platforms Scaling Fund Infrastructure

Firms like Securitize and Tokeny are building platforms to tokenize funds, securities, and private equity. What they lack is full-stack on-chain fund formation and admin automation, which Fume provides.

Potential acquirers:

  • Securitize

  • Tokeny

  • Sologenic

  • ADDX (Asia)

  • Polymesh or similar RWA ecosystems

Strategic rationale:

  • Expand capabilities from token issuance to end-to-end fund operations

  • Integrate Fume into their compliance-focused tokenization stack

  • Enter or expand into the European fund market (Luxembourg, CH, DIFC) using Fume’s legal structuring and pipeline


With the fund industry undergoing rapid tokenization, and regulatory clarity improving across Europe and Asia, Fume is well-positioned to become the core infrastructure that legacy and digital-native players alike will need to acquire in order to remain competitive.

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