💡 Solution

Fume aims to define the new generation of investment funds. It's an admin tool for fund managers and to replace the registrar & transfer agent, to automate the administration with smart contracts ensuring traceability and efficiency. Subscriptions, redemptions, fee extractions, and NAV calculations are executed automatically through the protocol. Self-custody solutions (MPC, multi-sig) and other custodians can be linked to the platform. The degree of transparency provided to investors can be defined arbitrarily while preserving privacy from the general public. The protocol is also suitable for non-tokenized assets (e.g. stocks, VC deals).

Investors receive an email invitation and click a link. Fume creates a wallet for them automatically, no browser extensions or seed phrases needed. Managers who want more control can connect external wallets, multi-signature setups, or hardware devices.