💊Solution

Value proposition: On-chain fund administration

How are you solving this?

Fume aims to define the new generation of investment funds. It's an admin tool for fund managers to replace the registrar & transfer agent, to automate the administration with smart contracts ensuring traceability and efficiency. New funds are registered in top-notch jurisdictions, such as Switzerland and Luxembourg, then, deployed on-chain. Subscriptions, redemptions, fee extractions, and NAV calculations are executed automatically through the protocol. Self-custody solutions (MPC, multi-sig) and/or other custodians are linked to the platform. Selective transparency is provided to investors and financial regulators while preserving privacy from the market. The protocol is suitable also for non-tokenized assets (e.g. stocks, VC deals).

What are you building?

A multi-chain fund management tool to automate the administration with smart contracts ensuring traceability and efficiency.

• For Fund Managers (target customers) to create regulation-compliant on-chain investment funds, in top-notch jurisdictions

• Removing intermediaries such as banks and brokers

• Selective transparency is provided to investors and financial regulators

• Not limited to cryptocurrencies. Any kind of assets, stocks, real estate, equities, commodities, etc.

Features

• On-Chain Fund Management: Utilizes blockchain technology to manage investment funds directly on-chain, ensuring real-time traceability and efficiency.

• Smart Contract Automation: Automates critical fund administration tasks such as subscriptions, redemptions, and fee extractions through smart contracts.

• Selective Transparency: Provides selective transparency to investors and regulators using Zero-Knowledge Proofs (ZKP), balancing transparency with privacy.

• Intermediary Removal: Eliminates traditional intermediaries like banks and brokers, reducing counterparty risks and operational costs.

• Legal Compliance: Ensures compliance with international fund management regulations, facilitating the creation of legally compliant funds in top jurisdictions.

• Multi-Asset Support: Supports both tokenized and non-tokenized assets, including cryptocurrencies, stocks, and venture capital deals, broadening investment opportunities.

• Compliant Self-Custody Solutions: The integration with self-custody options such as Multi-Signature wallets and MPC (Multi-Party Computation) for enhanced asset security, allows for compliant setup without intermediaries.