Accept subscriptions of any kind
Handle stablecoin, fiat, or in-kind subscriptions in one place.
Native subscriptions
Investors can connect their own wallet (e.g. Metamask, Trust, or Safe{Wallet}) and deposit the fund's base currency such as a stablecoin using Fume's protocol. Only whitelisted wallets can deposit, ensuring AML compliance. The address, currency (e.g. USDC), amount, and network are set by the platform to avoid any manual mistakes.
Custom subscriptions
The investor can also deposit following any other method the fund manager sets up: bank coordinates for a wire transfer, a BTC address, or any wallet on any chain.
Tokenize your fund shares
Issue and manage tokenized shares securely on the blockchain while preserving side letters for custom terms (fees and lockups).
ERC6909
The fund's stakeholder register is maintained on-chain using the ERC6909 standard.
No wallet? No problem
Investors can use their own wallet or let the platform create one for them in the background.
Secondary liquidity
Once fund units are issued, the manager can allow transfers between whitelisted addresses at their discretion.
Simplify the NAV calculation
Provide the assets' value and let the protocol handle the NAV, fees, high-water marks, and equalizations.
Your assets valuation
You have full control of the underlying assets and their valuations. The only value required to perform the NAV calculation is the Gross Asset Value, which is the total value of assets held by the fund.
Instant NAV result
The protocol takes care of performing the necessary high-water mark adjustments, equalizations, and calculation of fees, to provide instant NAV calculation results.
Automate payouts
Manager fees and investor distributions are handled automatically on-chain.
Manager's fees
The protocol takes care of extracting entry, exit, management, and performance fees to be sent to the manager's wallet.
Redemptions and distributions
The payouts to investors, such as redemptions or pro-rata distributions can be settled directly on-chain.
Invest in any asset
On-chain funds can follow any investment strategy, from digital assets to stocks, or private equity.
Choose your custody
Pick where to receive your subscriptions, such as an on-chain address (e.g. multisig wallet), a bank, or a third-party trading venue (e.g. a CEX).
Any investment strategy
Once the liquidity has been collected, the fund can follow any investment strategy, from private equity to DeFi trading.
Start Today
Fume handles investor onboarding, NAV calculations, and payouts on-chain so you can spend less time on admin and more on your fund.