Clearstream, Deutsche Börse Group’s post-trade business is expanding its Digital Transfer Agency (Digital TA) offering, a blockchain-enabled software solution designed to transform transfer agency operations for asset managers and asset servicers while enabling fund tokenization.

The solution, which is already delivering operational cost reductions of up to 50% to clients across several jurisdictions, is now scaling further, through rollouts to new markets and full integration into Clearstream’s market infrastructure.

The Digital TA solution is built on the innovative FundsDLT platform, the fintech provider acquired by Deutsche Börse Group and fully integrated into Clearstream Fund Services as digital enabler of core services across the fund value chain.

Through this integration, the Digital TA solution and broad fund tokenization capabilities, already proven in production environments, are now enhanced by Clearstream’s established and regulated fund processing infrastructure and global distribution reach, bringing scale, long-term growth potential and the ability to support broader market adoption.

The Digital TA solution is implemented as Software-as-a-Service (SaaS) with the client and automates core transfer agency responsibilities, such as fund issuance, ownership tracking, know your customer (KYC) and anti-money laundering (AML) integration, and corporate actions, supported by distributed ledger technology. The result is a secure, real-time investor register with a single, auditable source of truth, significantly reducing the need for manual intervention and simplifying regulatory compliance across multiple jurisdictions.

Digital TA and fund tokenization are key components of Clearstream’s broader digital strategy which aims to bridge traditional and digital financial markets. Digital TA lays the operational foundation for fund tokenization by digitizing investor registers, ownership records and core transfer agency processes, enabling them to become digital and programmable. By integrating blockchain-based capabilities into existing fund servicing workflows, Clearstream enables clients to adopt digital technologies progressively and transition towards tokenized fund structures and digital distribution models without requiring a full transformation of their current setups.

This expansion builds on Clearstream’s wider momentum in digital fund services, following the successful deployment of its Vestima Digital solution, which streamlines the processing of private market investments.

Olivier Portenseigne, Head of Digital for Clearstream Fund Services stated:

“Digital Transfer Agency is a solution that has already delivered tangible results for clients. By integrating its proven technology into Clearstream, we are enhancing it with the scale, security and regulatory robustness of global market infrastructure and setting a new standard for transfer agencies. Our Digital TA solution provides asset servicers with the immediate, tangible benefits of significant cost savings and operational efficiency, while leading the transformation towards a future of tokenized assets and digital fund distribution. We are empowering clients to transition from legacy systems to a fully digital model at their own pace.”