SS&C to add digital cash settlement for tokenised funds
SS&C will introduce digital cash settlement for tokenised funds, expanding its tokenisation services to include stablecoins and tokenised bank deposits.Summary
SS&C has announced plans to add a digital cash settlement layer for tokenised investment transactions, building on its recent launch of live tokenised fund issuance and distribution services following the acquisition of Calastone. The new model would use regulated digital cash forms such as stablecoins and tokenised commercial bank deposits to enable atomic settlement—simultaneous transfer of assets and payments—thereby reducing settlement risk, improving operational efficiency, and simplifying cross‑border trades. By integrating this settlement capability into its existing fund administration and distribution network, SS&C aims to provide asset managers with a seamless end‑to‑end workflow that connects traditional fund structures with digital infrastructure, helping tokenised funds move beyond issuance into full transaction pipelines. The company has not yet set a launch date, but will share details as development milestones are reached.
(Source：Cfotech Australia)