More than three decades ago, Luxembourg took the first steps toward becoming a major hub for the establishment and the distribution of investment funds in Europe, then across the world. Now it has the chance again to become a global leader in embracing fund industry tokenization.
Since the creation of the European Union’s single market, the Grand Duchy has built up its technical and product expertise as a center of excellence for the establishment, incorporation, servicing, and distribution of both retail and alternative funds. The next step is for blockchain technology to bring enhanced speed and efficiency to fund…