ClubDeal Digital Secures DLT License to Streamline Private Asset Management for Institutions

ClubDeal Digital, an Italian fintech company specializing in the digital management of private assets from issuance to exit, is expanding its platform with new tools, primarily for institutional players such as banks, brokerage firms, and asset management companies.

Consob authorization to operate as a DLT

The company has obtained authorization from Consob to operate as a DLT registry manager for the circulation of digital financial instruments, pursuant to Legislative Decree no. 25 of March 17, 2023 (FinTech Decree).

The new license allows ClubDeal Digital to manage the issuance, registration, and transfer of digital financial instruments using blockchain technology, leveraging its platform, which already integrates digital onboarding, AML/KYC compliance, and trust administration services.

The first applications that will be implemented

The first applications will involve the issuance and management of minibonds, securitization securities, and other structured instruments issued by SMEs and managed by institutional operators. DLT technology will simplify transfers, increase transparency, and reduce operational inefficiencies.

This authorization represents a key milestone in ClubDeal Digital’s growth journey and reinforces the company’s mission to build a reliable, end-to-end digital infrastructure dedicated to private assets and compliant with current regulations.

The project was led by the Club Deal management team, with the support of Mauro Dognini, Board Member of ClubDeal Digital and former CEO of Euronext Securities (Monte Titoli SpA), who commented: “The adoption of DLT technologies for private financial instruments aligns Italy with the main international trends. With its cutting-edge technological infrastructure, ClubDeal Digital is now well-positioned to establish itself as a partner of choice for institutional operators for the issuance and circulation of private assets.”

The law firm Lexia Avvocati assisted ClubDeal Digital throughout the authorization process, while the DLT infrastructure was developed in collaboration with BlockInvest, a leading provider of tokenization and blockchain solutions for the financial market.

ClubDeal Digital is owned by ClubDeal Spa

Founded in October 2016, ClubDeal Spa is the company that owns ClubDeal Digital, the first wealth tech platform serving private asset investments.

It targets entrepreneurs and investors active in private equity and venture capital, offering services that simplify the private asset management process, from issuance to exit.

The company is authorized by Consob for placement services pursuant to European Regulation EU 2020/1503 and, through its subsidiary ClubDealFiduciaria Digitale Srl, is authorized by MIMIT for trust services.

Thanks to this unique combination of authorizations, innovative processes, and proprietary technology, ClubDeal Digital positions itself as a one-stop shop for the complete management of private asset investments.

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(Featured image by Scott Graham via Unsplash)

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