👋Fume Intro
TL;DR
This documentation provides a comprehensive guide to using the Fume platform for on-chain fund administration. It covers everything from setting up your fund, onboarding investors, and handling both on-chain and off-chain subscriptions, to managing NAV calculations, redemptions, and settling liabilities. The guide also explains our security approach, automated processes, and how it ensures transparency through tokenized units and smart contract interactions. Whether you're managing traditional or digital assets, Fume streamlines fund management, reduces complexity, and automates key administrative tasks.
Why did we build this?
Fume was born out of the frustration we faced while managing our own investment fund in traditional finance. Despite living in an era where blockchain technology exists, we found ourselves paying hefty fees to intermediaries like fund administrators for tasks that could easily be automated. The inefficiency, reliance on multiple intermediaries, and lack of transparency in the existing system led us to envision a more efficient, transparent, and streamlined solution. We built Fume to eliminate these inefficiencies by leveraging blockchain technology, removing intermediaries, and automating fund administration tasks.
About Fume
Founded in 2023 and headquartered in Ticino, Switzerland, Fume was created to revolutionize the way investment funds are managed. The Fume platform is designed to support a wide range of assets, including digital tokens, stocks, real estate, and commodities, making it an attractive solution for both traditional and digital fund managers. Built by a team with deep expertise in blockchain, finance, and law, with the backing of a fintech VC, a family office, and established asset managers.
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