Blockchain and crypto fund administrators enable digital asset fund managers to focus on managing their portfolios by taking care of all administrative tasks required to run a fund.
In this guide, you will discover a list of the best crypto fund administrators that are supporting the digital asset fund ecosystem in 2019.
What Is Digital Asset Fund Administration?
In the established financial markets, a fund administration services provider is a third-party that enables portfolio managers to focus exclusively on generating a return on investment by handling all administrative tasks required to run an investment fund for them.
A fund administrator’s activities include, but are not limited to, net asset value (NAV) calculations, financial reporting, preparation of reports for stakeholders, accounting services, managing fund bank accounts, and compliance monitoring and reporting. Crypto fund administrators perform the same functions but for investment funds that are investing exclusively in digital currencies and tokens.
Currently, there are around half a dozen crypto fund administration services providers, ranging from established financial institutions to recently launched startups.
Best Blockchain and Crypto Fund Administrators
To compile our list of the most notable digital asset fund administration service providers, we have used criteria such as years in business, the number of employees, and assets under management.
|Name||Description||Company Launch Year||Number of Employees||Total Assets Under Management (AUM)||Twitter Followers||Number of Backlinks||Score|
|Northern Trust||Chicago-based Northern Trust is one of the most reputable providers of wealth management, asset servicing, asset management, and banking services in the US. Northern Trust is a major player in fund administration and is not shying away from moving into the digital asset markets. In 2018, the banking giant opened up a crypto fund administration service for hedge funds to…|