👋 Fume Intro
This documentation covers how to use Fume for on-chain fund administration, from setting up your fund and onboarding investors through NAV calculations,...
TL;DR
This documentation covers how to use Fume for on-chain fund administration, from setting up your fund and onboarding investors through NAV calculations, redemptions, and settlement. It also covers the security model and how tokenized units work on-chain. Fume works for both traditional and digital asset funds.
Since launch, the platform has added spreadsheet-based NAV uploads, AUM and performance charts, PDF investor reports, custom branding, per-wallet permissions for multi-manager setups, and two additional networks (Base and BNB Smart Chain).
Why did we build this?
Fume was born out of the frustration we faced while managing our own investment fund in traditional finance. Despite living in an era where blockchain technology exists, we found ourselves paying hefty fees to intermediaries like fund administrators for tasks that could easily be automated. The inefficiency, reliance on multiple intermediaries, and lack of transparency in the existing system led us to envision a more efficient, transparent, and streamlined solution. We built Fume to eliminate these inefficiencies by leveraging blockchain technology, removing intermediaries, and automating fund administration tasks.
About Fume
Founded in 2023 and headquartered in Ticino, Switzerland, Fume was created to revolutionize the way investment funds are managed. The Fume platform is designed to support a wide range of assets, including digital tokens, stocks, real estate, and commodities, making it an attractive solution for both traditional and digital fund managers. Built by a team with deep expertise in blockchain, finance, and law, with the backing of a fintech VC, a family office, and established asset managers.