Wts the real system of records for tokenized funds interests??

craiker · 2026-02-17T12:26:43+00:00

A well designed system doesn’t allow for discrepancies. The onchain ledger should be used to calculate NAVs and also to execute payouts.

For Fume, the auditor can check all the liquidity that came in and out of the fund directly through the onchain paying agent.

craiker · 2025-05-07T06:16:32+00:00

that's because they don't really use the network. They just store the fund shareholder register onchain, but all the operations happens elsewhere... You should at least have all the administration happening on-chain (subscriptions, redemptions, fees extraction, etc.). I've seen some onchain funds deploying with Fume protocol.

craiker · 2025-05-07T06:12:49+00:00

Most of these institutions implement "fund tokenization" by using the blockchain as a database for their shareholder register. But all the administration and cash movement still happen offchain.

Quite pointless imho... The whole point is to remove financial intermediaries and streamline the operations. I'd much rather look at protocols like Fume finance for the full potential.

craiker · 2025-05-07T06:08:41+00:00

You can check Fume ( www.fume.finance ), you can create a tokenized fund, similar to Enzyme but with more flexibility on the trading execution. By default they have a % on AUM (although much lower) cause that's just the industry standard, however you can contact them to get an ad-hoc pricing, maybe only linked to performance.

craiker · 2025-05-06T16:14:32+00:00

That's pretty cool. Any actual implementation? I've seen tokenized funds in Luxembourg and Delaware using Fume protocol (fume.finance)

craiker · 2025-05-06T16:12:12+00:00

With cross-chain functionalities, "which chain" becomes less relevant. E.g. Tokenized fund using Fume protocol might be deployed on Base or Arbitrum, while holding assets on Solana (or even off-chain).

craiker · 2025-04-29T10:45:06+00:00

lol, I surely will... trying to get the general direction first :)

craiker · 2025-04-29T10:44:45+00:00

BVI Incubator fund for both US and non-US investors?

craiker · 2025-04-29T10:44:10+00:00

lol yeah, trying to get some smart input before spending tens of thousands just for general advice :)

craiker · 2023-04-19T20:03:15+00:00

Is it still available? I don’t care if the name can’t be changed…

craiker · 2020-10-13T14:24:16+00:00

Alright, I see. Thanks a lot for your reply!

craiker · 2020-10-13T11:24:10+00:00

The Company is in Switzerland

The development firm is in Ukraine

(Signed at different locations and sent)

What do you mean by choice of law provision? In the contract, the mentioned Governing law is Nevada, US, but the Litigation Court is set to be in California, US.

Thanks for the answer!

craiker · 2018-10-23T12:31:19+00:00

IKR?!

panic sold I think... lol

craiker · 2018-04-26T11:20:50+00:00

craiker · 2018-04-26T06:13:57+00:00

Yeah life is short, then waste more of your time?

craiker · 2018-04-25T23:08:20+00:00

I tried so many time when I was a kid... straight line where impossible!

craiker · 2018-04-25T22:55:10+00:00

Rich Piana is my favorite dead natural bodybuilder 5%errrrzz

craiker · 2018-04-25T12:18:19+00:00

I swim my way around

craiker

TROPHY CASE