Frankfurt am Main, December 15 2020

Universal-Investment Group launches one of the first investment platforms for digital assets worldwide

Universal-Investment is accelerating its ambitions towards the digital fund: With Enlyte the group is making its debut in the digital asset world. The group’s new company offers an in-house developed modular investment platform based on distributed ledger technology. As an independent platform, Enlyte is a pioneer in the industry by transferring the full investment process into the digital world. This means that Enlyte offers a holistic digital concept instead of only covering isolated parts of the value chain.

The innovation driver: A fully digital value chain is the solution

Enlyte provides a comprehensive white-label offering, and it is covering for the first time the main phases of the investment process fully digitally on a single platform – from client onboarding and the issuance of token-based structures (STOs – Security Token Offering) to administration and reporting. Asset managers and fund initiators can use the platform to issue, manage and distribute tokens. “The platform has been developed proprietary by the team around our Blockchain experts Daniel Andemeskel and Khai Uy Pham. Enlyte is the logical continuation of our innovation success story,” says Michael Reinhard, CEO of the Universal-Investment Group.

The unique selling proposition: A modular and fully integrated offering with established partners

Enlyte cooperates with established partners in the areas of custody, trading and structuring, which clearly distinguishes its product offering from other solutions on the market. Digital assets are potentially interesting for all customer groups within the prevailing applicable regulatory framework. For fund initiators, asset managers and professional investors, the Enlyte platform is a forward-looking addition, as they can use the platform as an innovative solution without having to make large investments in Blockchain technology themselves.

The mid-term vision: Issuance of digital funds

In the context of the current regulatory framework defined by the German financial supervisory authority BaFin, Enlyte will start with the issuance of asset-backed security tokens. With the upcoming expansion of the regulatory framework and planned law on the introduction of digital assets eWpG (Gesetz über elektronische Wertpapiere), soon further digital assets will be made available and offered to a wider range of investors with low minimum investment in the future. “The goal is clear, as soon as the regulatory framework allow it, we will expand our product offering to support the issuance of digital funds on the Blockchain,” says Daniel Andemeskel, Head of Innovation Management of the Universal-Investment Group.

Digital assets will significantly broaden the available investment universe. The market for digital asset investment solutions is currently experiencing substantial growth worldwide, which is set to accelerate further in the future.

***

Investment platform based on Blockchain technology

New subsidiary UI Enlyte focuses on digital assets. In the first step, Enlyte will operate token-based structures (STOs)

Mid-term goal is the digital fund