SS&C expands tokenised fund platform with digital cash settlement

SS&C Technologies plans to add digital cash settlement capabilities to its tokenised investment platform, supporting transactions using regulated forms of digital cash, including stablecoins and tokenised commercial bank deposits, as tokenised fund markets continue to mature.

The announcement builds on the successful launch of SS&C's live tokenised fund issuance and distribution capabilities earlier this year, following the acquisition of Calastone in 2025. SS&C already enables asset managers to bring tokenised versions of traditional investment funds to market through the infrastructure and connectivity they already use, helping bridge traditional and digital investment markets.

As interest in tokenised investment products continues to grow, the market is increasingly looking beyond tokenisation towards the infrastructure needed to support digital transactions. Having already enabled the issuance and distribution of tokenised funds, SS&C is now extending its innovation roadmap to support the next stage of the digital investment lifecycle.

The planned capabilities will enable digital investment transactions to settle using regulated forms of digital cash, including stablecoins and tokenised commercial bank deposits. Designed to support future atomic settlement, they will help reduce settlement risk, improve operational efficiency and simplify cross-border investment transactions as digital markets continue to evolve. Together with SS&C's existing tokenised fund issuance and distribution capabilities, these planned enhancements create a pathway for eligible funds across the combined SS&C and Calastone ecosystem to be transacted and settled using digital forms of cash. The capability further extends the practical application of tokenised investment products.

“Tokenised funds are becoming another mainstream investment structure alongside mutual funds and exchange-traded funds (ETFs). As asset managers begin supporting these products in production, they need infrastructure that evolves with them,” said Nick Wright, general manager, SS&C Global Investor and Distribution Solutions. “Today's announcement represents another step in helping clients make that transition, building on our live tokenised fund issuance and distribution capabilities with the digital cash settlement infrastructure needed to support the next stage of market adoption. Following the acquisition of Calastone, we have continued to invest in expanding these capabilities, helping clients adopt digital investments with confidence while leveraging the scale, resilience and connectivity they already rely on."

The planned enhancements reinforce SS&C's continued investment in digital innovation following the acquisition of Calastone and demonstrate the company's commitment to delivering practical capabilities to help clients prepare for the future of investment management.

Re-disseminated by Wealth and Society