SS&C Expands Tokenized Investment Capabilities with Digital Cash Settlement
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced plans to enable digital cash settlement
for tokenized investment transactions using regulated forms of digital cash, including stablecoins and
tokenized commercial bank deposits.
The announcement builds on the successful launch of SS&C’s live tokenized fund issuance and distribution
capabilities earlier this year following the acquisition of Calastone in 2025. SS&C already enables asset
managers to bring tokenized versions of traditional investment funds to market through the infrastructure and
connectivity they already use, helping bridge traditional and digital investment markets.
As interest in tokenized investment products continues to grow, the market is increasingly looking beyond
tokenization towards the infrastructure needed to support digital transactions. Having already enabled the
issuance and distribution of tokenized funds, SS&C is now extending its innovation roadmap to support the
next stage of the digital investment lifecycle.
The planned capabilities will enable digital investment transactions to settle using regulated forms of digital
cash, including stablecoins and tokenized commercial bank deposits. Designed to support future atomic
settlement, they will help reduce settlement risk, improve operational efficiency and simplify cross-border
investment transactions as digital markets continue to evolve.
Together with SS&C’s existing tokenized fund issuance and distribution capabilities, these planned
enhancements create a pathway for eligible funds across the combined SS&C and Calastone ecosystem to
be transacted and settled using digital forms of cash. The capability further extends the practical application
of tokenized investment products.
“Tokenized funds are becoming another mainstream investment structure alongside mutual funds and ETFs.
As asset managers begin supporting these products in production, they need infrastructure that evolves with
them,” said Nick Wright, General Manager, SS&C Global Investor & Distribution Solutions. “Today’s
announcement represents another step in helping clients make that transition, building on our live tokenized
fund issuance and distribution capabilities with the digital cash settlement infrastructure needed to support
the next stage of market adoption. Following the acquisition of Calastone, we have continued to invest in
expanding these capabilities, helping clients adopt digital investments with confidence while leveraging the
scale, resilience and connectivity they already rely on.”
The planned enhancements reinforce SS&C’s continued investment in digital innovation following the
acquisition of Calastone and demonstrate the company’s commitment to delivering practical capabilities to
help clients prepare for the future of investment management.
Further details regarding product availability and implementation timelines will be announced as development
milestones are achieved.