Azimut teams up with Clearstream to create a blockchain-oriented private funds solution
Clearstream and Azimut Team Up to Revolutionize Private Market Fund Management
In a significant move, Clearstream, the global financial settlement and custody services provider, has introduced a new account model that caters to multiple investor portfolios under a single Clearstream Custody account. This development is in partnership with asset manager Azimut, and it offers a unique opportunity for Azimut to gain anonymized, detailed insights into the portfolios of individual investors.
The collaboration between Clearstream and Azimut is part of Deutsche Börse's ongoing exploration of blockchain and Distributed Ledger Technology (DLT) solutions. The primary aim is to enhance transparency, efficiency, and operational security in private market fund management. By digitizing fund administration processes, the partnership aims to provide better liquidity solutions, streamlined investor onboarding, and enhanced regulatory compliance.
Benefits of such DLT-based solutions include increased transparency through immutable transaction records on the ledger, faster settlement and reconciliation, enhanced investor experience via digital interfaces and real-time reporting, improved compliance and auditability simplified by automated rules baked into smart contracts, and reduced costs through automation.
Azimut, known for its commitment to innovation and delivering enhanced investment opportunities, has a history of involvement with DLT, digital assets, and tokenization. The asset manager led an investment round in Sygnum in early 2024 and successfully tokenized portfolios of corporate loans, private equity investments, and fund units.
The new Clearstream offering also includes a liquidity option that allows investors to unlock the illiquidity premium embedded in private asset portfolios. This solution is part of Clearstream's automated fund processing platform, Vestima, and supports the permissioned sharing of information between the asset manager, distributor, and client investor.
Giorgio Medda, CEO of Azimut Holding, stated that the Clearstream offering will provide broader access to private market strategies. Azimut was the first asset manager to use FundsDLT when it launched in 2021, a platform Clearstream acquired late in the same year.
For the latest official details on this partnership and DLT implementation, checking Deutsche Börse and Azimut press releases or financial technology news sources after July 2025 may provide updated specifics. Azimut also has other digital asset investments, including in bitcoin miner Alps Blockchain, and regularly provides reporting and asset servicing.
- The partnership between Clearstream and Azimut, built on blockchain and DLT technology, aims to tokenize various assets such as corporate loans, private equity investments, and fund units.
- By implementing DLT solutions, the new Clearstream offering intends to offer insights into investor portfolios, facilitate streamlined investor onboarding, and provide enhanced regulatory compliance.
- In addition to the new Clearstream account model, Azimut also seeks to leverage technology to revolutionize private market fund management, focusing on increasing transparency, operational security, and liquidity while reducing costs through automation.
