---
title: "For Fund Administrators"
canonical: "https://www.fume.finance/tokenization-engine/for-fund-administrators"
description: "Fume is the on-chain layer for fund administrators. Automate the manual work that slows you down: subscription processing, NAV calculation, fee distribution…"
---

# For Fund Administrators

Fume is the on-chain layer for fund administrators. Automate the manual work that slows you down: subscription processing, NAV calculation, fee distribution, and audit trail. Plug into your existing accounting and reporting stack.

## What Fume does for fund admins

- Automatic shareholder register and cap table maintenance
- Onchain settlement of subscriptions and redemptions
- Programmable NAV calculation with high-water marks and equalizations
- Smart-contract-driven fee extraction (management, performance, distributions)
- Full audit trail by construction, every transaction is verifiable onchain
- API integration with custodians and accounting systems

## Why fund admins partner with Fume

Tokenization is a tailwind for the fund admin business, onchain funds need someone to handle reporting, regulatory filings, and investor relations. Fume gives admins the operational rails to serve those funds without building blockchain infrastructure in-house.

White-label and revenue-share arrangements available.