Allfunds Blockchain, the digital arm of Europe’s dominant fund distribution platform, is deploying its tokenized funds infrastructure on Solana. The goal: connect a network spanning more than 3,300 asset managers and nearly €1.8 trillion in assets under administration to public blockchain rails.
What Allfunds is actually building
The expansion isn’t a solo effort. Allfunds is partnering with ioBuilders, which will handle issuance and lifecycle management through its Asseto platform. Particula, meanwhile, takes responsibility for risk assessment. Together, the trio is constructing what amounts to a bridge between traditional fund distribution workflows and on-chain execution.
Rubén Nieto, who heads Allfunds Blockchain, framed the move as a step toward mainstream tokenization adoption in finance. Ben Brophy from the Solana Foundation pointed to the blockchain’s technical capabilities as a natural fit for European fund scales.
Why Solana, and why now
