The MFSA’s fresh position paper confirms that Maltese UCITS, AIFs, NAIFs and Professional Investor Funds can now issue units on‑chain. That’s exactly what our new partnership with CCFundServices (CCFS) delivers: Fume’s programmable smart‑contract stack plus CCFS’s decade‑deep expertise in structuring and regulatory reporting.
What "Fund Tokenization" really means
- T+0 cash cycles – Subscriptions and redemptions settle instantly in USDC, USDT or regulated EUR-stablecoins, wiping out correspondent-bank delays and FX slippage.
- Automatic fee extraction – Management, performance and entry/exit fees are calculated on-chain and debited in stablecoins at every NAV run—no manual invoices, no reconciliations.
- One-click income distributions – Dividends or yield are airdropped to token-holders in a single transaction, ensuring everyone gets their share at the same block height.
- Audit-ready ledger – Every capital call, fee payment and distribution is immutably recorded, giving managers and auditors a real-time single source of truth.
- Dual-rail compatibility – Fiat subscriptions can still be logged alongside on-chain flows, so traditional investors don’t have to change a thing.
Key Benefits for Managers and Investors
- Programmable compliance – Whitelisting, lock-ups, and transfer restrictions are hard-coded into the tokens, slashing legal and operational overhead.
- Instant settlement & fractional ownership – Units can move peer-to-peer 24/7, unlocking secondary liquidity even for small ticket sizes.
- Radical transparency – NAV history, subscriptions, redemptions, and fee accruals are all timestamped on-chain, making audits and regulator reporting painless.
- Operational efficiency – Automated reconciliations, cap-table management, and investor reporting cut fund-admin costs by up to 80%.
- Borderless distribution – Digital onboarding lets qualified investors join from anywhere, minus the usual banking friction.
About CCFundServices
CCFundServices is a Malta‑based fund administrator recognised by the MFSA and part of the Calamatta Cuschieri Moneybase Group. 15 years of operating history backed by a 40‑strong team of fund‑accounting and compliance specialists. More than €1.3 billion in assets under administration across 100 + sub‑funds covering UCITS, AIFs, NAIFs and private strategies. Full‑stack services from fund set‑up and NAV calculation to transfer‑agency, corporate support and ongoing regulatory reporting, making CCFS the perfect off‑chain anchor for Fume’s on‑chain rails. Learn more about their announcement here.
Why Malta?
- Crystal‑clear rulebook – The MFSA paper spells out exactly how token registers must operate, giving managers certainty from day one.
- EU passport, global reach – Launch in Malta, market across Europe, settle worldwide in the same day.
- Blockchain‑savvy ecosystem – From custodians to auditors, local service providers already speak “on-chain”.
- Business‑friendly environment – Competitive tax treaties, English as an official language, and regulators open to innovation make operational life straightforward.
Explore more opportunities with FinanceMalta, the public-private initiative, set up to promote Malta as an international business and financial centre.
Ready to tokenize your next fund?
Get in touch to walk you through structuring options, tech set‑up and MFSA filing.
