Metzler Asset Management launches crypto funds in Germany

Metzler Asset Management is launching crypto funds on the Polygon blockchain. The asset manager gets help from Cashlink and fundsonchain.

Metzler Asset Management GmbH (MAM) has issued the first crypto funds in Germany. The crypto funds are being issued as part of a pilot project on the Polygon blockchain. During the three-month test phase, MAM aims to "gain important insights and practical experience for the further use of this future technology."

Important for the industry

Franz von Metzler, member of the Management Board of Bankhaus Metzler and responsible for asset management, emphasizes: "Fund tokenization is an important issue for us and the industry. The use of blockchain enables new perspectives for fund distribution and management."