Top European asset manager, Allfunds, has announced a collaboration between the Solana network and its digital assets and cryptocurrency arm, Allfunds Blockchain. This partnership will integrate Solana into its platform for tokenized fund offerings and give institutional asset managers easy access to on-chain channels.
The partnership will put Solana’s blockchain infrastructure within the reach of more than 3,300 fund managers and financial institutions using Allfunds. The platform managed almost €1.8 trillion in assets as of the end of March 2026, according to the company’s announcement.
Allfunds and Solana integrate at scale
The Solana Foundation’s Head of Institutional Growth for Europe, Ben Brophy, stated in the announcement that “Allfunds Blockchain’s decision to bring its tokenized funds to Solana combines the massive scale of Europe’s traditional fund sector with Solana’s leading blockchain technology.”
Rubén Nieto, Allfunds Blockchain’s lead, also explained that the expansion into blockchain is seen as a solid commercial step. “We are empowering thousands of traditional asset managers to tap into the liquidity pools of the Web3 ecosystem safely, without altering their trusted workflows,” he stated in the company’s press release.
Blockchain infrastructure firm, ioBuilders, is in charge of the technical aspect of the Solana integration via its Asseto platform. The Asseto platform will help to connect Allfunds Blockchain and the integrated on-chain environments. Asseto is also in charge of ensuring institutional compliance when managing these tokenized funds, in addition to all matters of issuance.
Particula will assess all eligible products for levels of risk before they reach the institutional investors.
Partnership furthers institutional growth
Interest in fund tokenization among major financial institutions is on the increase across the whole of Europe. Allfunds is one of the largest asset managers in the European sector, with over $1.8 trillion worth of assets under administration. It is understood that the company’s decision to build on the blockchain signals an increasing level of institutional comfort when it comes to working with open blockchain infrastructure.
Solana processes thousands of transactions per second at very low cost, and is aiming to position itself as the preferred infrastructure for capital markets applications beyond just retail crypto trading. The Allfunds integration will hand Solana a direct commercial link to Europe’s regulated fund distribution sector, and improve the growth of the network as a whole.
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