TL;DR Key takeaways
TL;DR
- FinchTrade joined the Multichain Asset Managers Association to help influence development of on-chain asset management.
- They cite faster settlement, smart contracts, quicker data delivery and disintermediation as blockchain features that can cut costs and enable innovative funds.
- On-chain funds require appropriate regulatory and supervisory regimes, so progress relies on engagement with regulators, industry and technical builders.
- Asset managers and custodians should assess blockchain settlement and API-driven liquidity providers like FinchTrade while following evolving industry regulatory work.
FinchTrade is pleased to announce that we have joined the Multichain Asset Managers Association (MAMA). We are happy to become a part of MAMA and appreciate the opportunity to influence the development of on-chain asset management.
MAMA is a global community of organisations working to transform asset management through blockchain technology. They envision a world where the power of blockchain technology is unleashed, providing, amongst other things, new foundations for the asset management industry. Investment funds of the future will be entirely set up, operated, audited and regulated using blockchain technology.
MAMA works with regulators, carries out projects, organises events and shares insights in order to bring about an appropriate regulatory and supervisory regime for on-chain asset management.
In FinchTrade, we believe that the blockchain is a revolutionary tool for the asset management industry. It will transform the capital markets by speeding up settlement and clearing, enabling “smart contracts”, making data delivery faster and encouraging disintermediation. It has the potential to reduce costs, increase operational efficiency, improve transparency and facilitate a range of innovative investments. That is why we are proud to have the chance to contribute to realising MAMA’s vision for the future of on-chain asset management.
About FinchTrade
FinchTrade AG is a liquidity provider of digital assets, providing financial institutions in a decentralised economy with deep liquidity, tight spreads and instant execution of any trade sizes, seamless API-driven processes, automated or flexible post-trade settlement, and lucid online onboarding.
About MAMA
MAMA, the Multichain Asset Managers Association, is a global community of organizations working to transform asset management through blockchain technology. MAMA actively engages with regulators, fund managers, industry players, and tech builders to make the vision of on-chain asset management come true and build and support better asset management for all of us.
For requesting more information about how we can help reach out to us. We're here to help and answer any questions you may have.
