The Financial Conduct Authority (United Kingdom financial regulator) said asset managers can use blockchain for fund registers and process subscriptions onchain without separate experimental structures.
The Financial Conduct Authority (United Kingdom financial regulator) has cleared asset managers in the UK to maintain fund registers on blockchain and handle fund subscriptions onchain under existing rules. The move gives tokenized funds a clearer regulatory route, removing the need for separate experimental frameworks. In practice, this means managers can use distributed ledger infrastructure for recordkeeping and investor processing while remaining within the current regulatory perimeter, a step that could lower operational friction for tokenized fund structures.