Apex Group has been appointed by Chaince Digital Holdings to provide servicing and infrastructure for its tokenised investment offering, according to a statement from the companies.
The scope includes fund administration, regulatory reporting, operational support and tokenisation technology, describes an Apex press release. The services will support the development of tokenised funds, public equities and other real-world assets as Chaince expands its on-chain investment offering.
Chaince, listed on Nasdaq, is building a platform for issuing and managing tokenised financial products across both traditional and blockchain-based markets.
Combining
The arrangement combines tokenisation with established post-trade processes such as administration and reporting. According to Chaince, institutional adoption depends on matching existing market standards.
“Institutional adoption of digital assets requires the same level of operational rigor and transparency investors expect from traditional financial markets,” said Wilfred Daye, chief strategy officer at Chaince.
Institutional distribution
The setup is aimed at supporting tokenised investment strategies for institutional and professional investors. Apex said the mandate reflects activity at “the intersection of traditional market infrastructure and emerging digital asset ecosystems,” according to Angie Walker, commercial head of Apex Digital.
