🤕Problem
Fund Management Inefficiency and Opacity.
What problem is Fume solving?
Despite the rise of programmable money (stablecoins), fund operations remain manual. Investor deposits, compliance checks, NAV updates, and fee payouts all require human processes that introduce friction, errors, and regulatory exposure.
Context
Asset managers, HNWIs, and professional investors are rapidly adopting USDT, USDC, and other stablecoins for investing and settlements.
Stablecoins enable instant, 24/7 transfers and are becoming the preferred medium for cross-border capital movements.
The rise of stablecoins is transforming fund operations — but back-office processes haven’t caught up.
The Pain Points
Despite this shift, fund operations are still manual and error-prone:
Manual Deposits = Compliance & Operational Risks
Investors must manually copy addresses, select networks, and input amounts.
Opens the door to AML breaches, phishing attacks, wrong currency or wrong chain transfers, and human errors.
Inefficient Fund Administration
Every NAV calculation, management fee extraction, and investor payout is done manually or via intermediaries.
Creates delays, costs, and reporting complexity.
Lack of Onchain Automation
Stablecoin rails are programmable — but fund workflows are not.
Managers can move capital fast, but they can’t automate fund operations (subscriptions, redemptions, distributions).
Stablecoins Modernized Payments. Fund Admin Stayed Manual
How did you discover this problem?
We discovered the problem while running our own Luxembourg hedge fund, where using stablecoins to simplify operations actually exposed how broken fund admin is. Investors kept sending the wrong tokens, wrong chains, or non-whitelisted wallets, and every NAV, fee extraction, and reconciliation still had to be done manually and reported with screenshots and blockchain links.
How was this problem solved in the past?
Before Fume, the only way to manage stablecoin-based fund operations was through painfully manual workflows: onboarding investors via video calls to avoid phishing, checking every deposit (currency, chain, amount, address) by hand, requesting test transactions, and later extracting fees or redemptions manually and sending screenshots and blockchain links to administrators for reconciliation.
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