Key Takeaways
- • Generali Investments has launched a natively tokenised class of an existing Luxembourg-domiciled money market fund (MMF), using distributed ledger technology (DLT) to represent and record fund units.
- • The tokenised class is initially being deployed within Generali Group's own investment activities, positioned as the first step toward a broader tokenised investment offering.
- • Generali says the initiative is designed to extend tokenisation to all of its clients, with the aim of wider distribution and long-term operational efficiencies.
- • Generali Investments' COO Emiliano Di Giammatteo cited MMFs' potential to broaden distribution and enable more efficient liquidity and collateral management, including for stablecoin issuers.
Summary
Generali Investments has launched a natively tokenised share class of an existing Luxembourg-domiciled money market fund, according to Asset Servicing Times. The fund uses distributed ledger technology to represent and record fund units, rather than relying solely on traditional record-keeping.
The tokenised class has been introduced for deployment within the investment activities of Generali Group, which the firm describes as the first step in developing a broader tokenised investment offering. Generali says the initiative is designed to eventually extend tokenisation to all of its clients, establishing a framework for wider distribution and long-term operational efficiencies through DLT-enabled processes.
Woody Bradford, CEO and general manager of Generali Investments, said the launch builds on progress already made in AI and automation and advances the firm's technology agenda. He said it combines the firm's established investment expertise with a more efficient, digitally enabled way of serving clients as their expectations evolve.
Emiliano Di Giammatteo, chief operating officer at Generali Investments, said tokenisation and digital assets can play an important role in modernising investment fund infrastructure. He identified money market funds as a compelling starting point because of their potential to broaden distribution while enabling more efficient liquidity and collateral management, both across traditional capital markets and for stablecoin issuers.
The primary source does not disclose assets under management, fund name, or launch timing details beyond the announcement itself.
The tokenised class has been introduced for deployment within the investment activities of Generali Group, which the firm describes as the first step in developing a broader tokenised investment offering. Generali says the initiative is designed to eventually extend tokenisation to all of its clients, establishing a framework for wider distribution and long-term operational efficiencies through DLT-enabled processes.
Woody Bradford, CEO and general manager of Generali Investments, said the launch builds on progress already made in AI and automation and advances the firm's technology agenda. He said it combines the firm's established investment expertise with a more efficient, digitally enabled way of serving clients as their expectations evolve.
Emiliano Di Giammatteo, chief operating officer at Generali Investments, said tokenisation and digital assets can play an important role in modernising investment fund infrastructure. He identified money market funds as a compelling starting point because of their potential to broaden distribution while enabling more efficient liquidity and collateral management, both across traditional capital markets and for stablecoin issuers.
The primary source does not disclose assets under management, fund name, or launch timing details beyond the announcement itself.
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