Tokenbridge Appoints Clara Pensions Co-Founder as EMEA Advisory Board Chair

• Firm amplifies its strategic vision in wealth and fund management

New York / London – Tokenbridge, a token aggregator and distribution platform streamlining the wealth and fund management ecosystem, today announces the appointment of Kim Toker as the Chair of the firm’s EMEA Advisory Board. Kim, the co-founder and former Chief Operating Officer of Clara Pensions, brings a wealth of experience in financial services, technological innovation, and strategic leadership. Kim’s career spans over two decades, during which she has made significant contributions to the financial services sector.

As the co-founder of Clara Pensions, she pioneered a new solution in the defined benefit pension market with a focus on social good, emphasising the importance of sound data, governance, and member outcomes, leveraging technology and automation to streamline processes, reduce costs and improve overall scheme management, reflecting her commitment to delivering value through innovation.

Before her tenure at Clara Pensions, Kim served in key strategic and regulatory roles at leading financial institutions including Barclays and Credit Suisse. Her expertise in driving execution on large strategic risk and regulatory change initiatives, coupled with a focus on technology and user-centric approach, has distinguished her as a leader capable of navigating complex challenges and delivering successful outcomes.

Kim’s extensive leadership experience will expand Tokenbridge’s influence in the wealth and fund management ecosystem. Her appointment is testament to Tokenbridge’s commitment to revolutionising the industry by providing a seamless, efficient, and accessible platform for fund and wealth managers, financial advisors, and investors.

Commenting on her appointment, Kim Toker said, “We’re in an age of tremendous technological innovation and it’s important we harness this to revolutionise the way investments are managed and accessed. I’m excited to contribute to Tokenbridge’s mission of streamlining the wealth, pensions and fund management ecosystem as Chair of the Advisory Board, ensuring that we deliver not just superior outcomes but also foster a deeper understanding and engagement among savers. I look forward to working with the team to deliver on our promise of transforming the wealth management landscape.”

Stephen Ashurst, CEO of Tokenbridge commented, “Kim’s expertise in financial services, combined with her visionary approach to technology and innovation, makes her an ideal leader for our EMEA Advisory Board. We are confident that her guidance will be invaluable as we continue to develop and expand our platform, aiming to redefine the future of wealth and investment management.”

This appointment follows a series of significant developments for the company, including the recent launch of its platform and the bolstering of its EMEA Advisory Board with senior institutional finance and technology experts. With Kim Toker at the helm of its Advisory Board, the firm is poised to further its mission of streamlining the wealth and fund management ecosystem.

Tokenbridge Launches Model Portfolio Token Design for Wealth Managers

• New Tokenbridge platform simplifies issuance, distribution and rebalancing of model portfolios
• More efficient processes significantly reduce cost and friction between participants

New York / London – Tokenbridge, a token aggregator and distribution platform streamlining the wealth and fund management ecosystem, today announces the introduction of new features to support the construction, distribution and evaluation of tokenized model portfolios.

The new functionality is designed to modernize and simplify the model portfolio ecosystem by improving connectivity between tokenized and un-tokenized funds and securities, enabling greater automation. For institutions and distributors, Tokenbridge’s model portfolio token design significantly reduces the volume, complexity and cost of processes through several key features:

• Greater connectivity with model portfolio providers: providers of model portfolios are able to issue smart contracts via the blockchain that dynamically manage the rules and characteristics of their models enabling wealth managers and advisers to far better match suitable model portfolios to their clients’ desired investment outcomes.
• Greater connectivity between distributors and clients: distributors can execute their chosen model portfolio smart contract, creating a ‘personalized’ token on behalf of clients.
• Constant portfolio evaluation: Tokenbridge’s infrastructure allows for the evaluation of the client’s portfolio against the selected model by comparing the issuer’s smart contract with the fund tokens (and untokenized units) in the consumer’s portfolio, so that rebalancing of the underlying (for example, for drift) is instantly reflected in the client’s portfolio.

For investors, tokenized model portfolio functionality offers greater flexibility to choose or switch model portfolios and paves the way for ‘hyper-personalization’, ensuring that their portfolios accurately reflect their investment preferences in both the tokenized and TradFi (untokenized underlying funds and securities) ecosystems. This is achieved by automating the acquisition of fund tokens (and untokenized units) to match the composition of their desired, customized model portfolio.

Stephen Ashurst, CEO of Tokenbridge, said: “The fund ecosystem is ripe for modernization. Model portfolios are hugely popular and growing fast globally and for good reason as they provide investors with access to sophisticated diversified portfolios underlying constructed by experts. The historic complexity and expense of connecting such a broad ecosystem – from fund managers to model providers to distributors and investors – is vastly simplified with the intelligent use of fund tokens and smart contracts.

“Tokenbridge’s model portfolio infrastructure is designed to facilitate this change – giving broader access and a simpler, more effective and more personalized experience to the next generation of investors. As tokenization gathers pace, for wealth managers and advisors, our technology means that client portfolios can be easily linked to popular retail models and any changes to those models will be instantly reflected in the client’s portfolios. A tokenized funds ecosystem represents a natural next step for the industry, vastly improving current processes, benefiting participants across the ecosystem, and aligning with regulators concerned about access to advice and investor outcomes. Our model portfolio token design ensures that TradFi assets are also connected to the distributed ledger world, offering advisers and their clients the best cost advantages of today with their brand-name favourites”.

This announcement follows Tokenbridge’s full platform launch in late 2023, as well as the addition of several senior advisors to its advisory board.

Tokenbridge to use blockchain technology to enhance KYC and ID processes for financial services data business The Tracing Group

• Hyper-personalised tokens create infallible, verifiable and re-usable record of personal details
• Tokenisation to streamline KYC, AML and identification processes for the financial sector

New York / London – Tokenbridge, a B2B tokenisation platform streamlining the wealth and fund management ecosystem, today announced that it is working with financial client data firm, The Tracing Group (TTG), to implement blockchain technology to streamline Know Your Client (KYC), Anti-Money Laundering (AML) and client identification processes.

TTG collaborates with global banks, pension schemes, and wealth managers including the Natwest Group and Santander, to locate and verify missing customers. It is also a leader in the Child Trust Fund sector with 60% market share, helping to connect 3.5 million clients under the age of 21 in the UK with government-issued savings accounts. Tokenbridge has been commissioned by TTG to design, advise on, and implement technology that will enable TTG to extend hyper-personalised tokenisation capabilities to its clients.

These hyper-personalised tokens will allow TTG’s clients to offer customers a secure, infallible, and transferrable record of their personal details using blockchain technology, to open bank accounts and apply for other financial services. The tokens will significantly streamline the client onboarding process, mitigating cost and friction by acting as a digital passport that eliminates the need for customers to repeatedly complete applications from scratch. The hyper-personalised tokens will also assist banks in efficiently adhering to KYC and AML regulations, accelerating traditionally complex and labour-intensive verification processes.

Daron Pearce, Executive Chair of Tokenbridge, said: “In the digital age, personalisation is no longer a luxury, it’s an expectation. Clients expect banks and managers to offer seamless access to services, and financial services businesses want to ensure streamlined and secure processes that allow them to enhance client service and improve operational efficiencies while remaining compliant. We are delighted to be working with TTG to help them to achieve this – future-proofing their business and giving their clients the tools required to engage with current and future generations of clients.”

Danielle Higgins, Managing Director of TTG, said: “Accurately and securely identifying the clients of organisations is central to our business. Customer preferences are evolving – expecting increasingly digitised banking and fund services that require minimal administration, reflect their preferences and values, and protect their privacy in a highly secure environment. Tokenisation is the natural next step for the financial services industry when it comes to identity, KYC and AML – to stay relevant, firms will need to consider this technology to appeal to a growing digital-native audience and increasingly savvy incumbent clients.”

Tokenbridge is a technology firm and platform which is underpinned by a robust, blockchain-agnostic architecture. Tokenbridge aims to reduce costs and simplify processes for fund managers, wealth managers and infrastructure providers to better position them in meeting the needs of the next generation of investors.

The announcement follows the appointment of four senior advisors to Tokenbridge’s advisory board, including senior finance technology and blockchain experts, who will advise the firm as it grows and develops its offering. Tokenbridge is set to conclude its current funding round in Q1 2024.

Tokenbridge Launches Cutting-edge Tokenization Platform to Revolutionize Wealth and Fund Management

New York / London – Tokenbridge, a token aggregator and distribution platform streamlining the wealth and fund management ecosystem, is proud to announce the launch of its revolutionary suite of services. Targeted at fund managers, financial advisors, and their forward-thinking next generation clients, the platform is poised to transform investment management with distributed ledger technology (DLT), providing unparalleled efficiency and access to the digital investment frontier. Tokenbridge offers an open-architecture and blockchain agnostic solution that not only drives tech stack optimization but also significantly reduces complexity, risk and cost while enabling hyper-personalization.

Tokenbridge brings significant investment and technology industry expertise, combining decades of experience with deep knowledge across wealth and asset management, fund operations, and global financial institutions. The platform is engineered to disrupt the traditional paradigms of asset management, eliminating inherent inefficiencies and friction points by refining cumbersome operational processes and reducing their associated risks through the delivery of their bespoke, white-label B2B token distribution solutions. This modernization empowers fund managers, wealth managers and infrastructure providers to better position themselves in meeting the needs of their current clients, and the next generation of investors.

“Our ambition is to completely redefine the wealth and fund management industry,” said Daron Pearce, Executive Chair of Tokenbridge, “By harnessing the unparalleled potential of distributed ledger and smart contract technologies, we’re not just streamlining fund management and distribution – we’re catapulting it into a new era. Tokenbridge is the key to unlocking a world where our clients can open doors to the next generation of investors, eager to engage with their financial future like never before.”

The Tokenbridge platform boasts several standout features that are set to remake the investment landscape:

• Open Architecture: Compatible with any asset or network token, the platform is blockchain agnostic, ready to adapt to the evolving digital asset space.
• Automated Business Rules: Tailored for advisors, fund managers, and asset servicers, ensuring efficient and fully integrated digital operations.

• Integrated CBDCs or Stablecoins: The platform offers a fully integrated Central Bank Digital Currency (CBDC) or Stablecoin cash management solution.

• Efficiency: For fund and wealth managers, tokenization streamlines manufacture and distribution processes, drastically cutting costs and reducing friction.

Tokenbridge invites investors, fund managers, advisors and financial institutions worldwide to explore the multifaceted benefits of tokenization through their platform, to fully appreciate the transformative impact digital assets are going to have on the financial services industry.

To learn more about Tokenbridge and the innovative solutions it offers, visit https://tokenbridge.co.uk/.