Top European asset manager Allfunds has announced a partnership between the Solana Network and its digital asset and cryptocurrency division, Allfunds Blockchain. This partnership will integrate Solana into its tokenized fund offering platform and provide institutional asset managers with easy access to on-chain channels.
The partnership will bring Solana’s blockchain infrastructure within reach of more than 3,300 fund managers and financial institutions using Allfunds. According to the company’s announcement, the platform managed nearly €1.8 trillion in assets at the end of March 2026.
Allfunds and Solana integrate on a large scale
Ben Brophy, Solana Foundation’s Head of Institutional Growth for Europe, stated in the announcement that “Allfunds Blockchain’s decision to bring its tokenized funds to Solana combines the enormous scale of the traditional European funds industry with Solana’s industry-leading blockchain technology.”
Rubén Nieto, the leader of Allfunds Blockchain, also explained that the expansion into blockchain is seen as a solid commercial step. “We are enabling thousands of traditional asset managers to securely tap into the liquidity pools of the Web3 ecosystem without changing their familiar workflows,” he said in the company’s press release.
Blockchain infrastructure company ioBuilders is responsible for the technical aspect of the Solana integration via its Asseto platform. The Asseto platform will help connect Allfunds Blockchain and the integrated on-chain environments. Asseto is also responsible for ensuring institutional compliance in the management of these tokenized funds, in addition to all issuance issues.
Particula will assess all eligible products for risk level before they reach institutional investors.
Partnership promotes institutional growth
Interest in tokenization of funds among major financial institutions is increasing across Europe. Allfunds is one of the largest asset managers in the European sector, with over $1.8 trillion in assets under management. Clearly, the company’s decision to build on the blockchain signals an increasing level of institutional comfort when it comes to working with an open blockchain infrastructure.
Solana processes thousands of transactions per second at very low costs and aims to position itself as the infrastructure of choice for capital markets applications beyond just retail crypto trading. The Allfunds integration will give Solana a direct commercial link to the European regulated fund distribution industry, enhancing the growth of the network as a whole.