Blockchain and crypto fund administrators enable digital asset fund managers to focus on managing their portfolios by taking care of all administrative tasks required to run a fund.
In this guide, you will discover a list of the best crypto fund administrators that are supporting the digital asset fund ecosystem in 2019.
What Is Digital Asset Fund Administration?
In the established financial markets, a fund administration services provider is a third-party that enables portfolio managers to focus exclusively on generating a return on investment by handling all administrative tasks required to run an investment fund for them.
A fund administrator’s activities include, but are not limited to, net asset value (NAV) calculations, financial reporting, preparation of reports for stakeholders, accounting services, managing fund bank accounts, and compliance monitoring and reporting. Crypto fund administrators perform the same functions but for investment funds that are investing exclusively in digital currencies and tokens.
Currently, there are around half a dozen crypto fund administration services providers, ranging from established financial institutions to recently launched startups.
Best Blockchain and Crypto Fund Administrators
To compile our list of the most notable digital asset fund administration service providers, we have used criteria such as years in business, the number of employees, and assets under management.
|Name||Description||Company Launch Year||Number of Employees||Total Assets Under Management (AUM)||Twitter Followers||Number of Backlinks||Score|
|Northern Trust||Chicago-based Northern Trust is one of the most reputable providers of wealth management, asset servicing, asset management, and banking services in the US. Northern Trust is a major player in fund administration and is not shying away from moving into the digital asset markets. In 2018, the banking giant opened up a crypto fund administration service for hedge funds to service this new, growing market segment.||1889||10,000+||$1,200,000,000,000||15,700||475,930||5.0|
|NAV Fund Administration Group||Illinois-based, privately-owned NAV Fund Administration Group services over 900 hedge funds, family offices, managed accounts, CTAs, and private equity funds across the globe. NAV ranks among the top ten global fund administration companies measured by number of funds and has over $68 billion of assets under management.||1991||501-1,000||$68,000,000,000||18||8,430||3.5|
|Quantreq Capital Markets||New York-based Quantreq Capital Markets was launched in 2018 by established fund administrator North Street Global to specifically service crypto funds. With over $1 billion of assets under management, Quantreq is becoming a leader in this new market segment.||2018||11-50||$1,000,000,000||77||123||2.5|
|SEBA Crypto AG||Switzerland-based SEBA is a newly-launched financial institution that aims to bridge the gap between traditional and new finance. As part of its mission, Crypto Valley-based SEBA is one of the first companies in the world to offer fund administration service to crypto funds.||2018||11-50||n.a.||499||1,650||2.5|
|Stonegate Global Fund Services||New York-based Stonegate specializes in the administration of offshore and domestic hedge funds, crypto funds, private equity funds, real estate funds, and family offices. Leveraging its twelve years of experience, Stonegate has started to offer its services to crypto funds in 2018.||2007||11-50||n.a.||39||407||2.5|
|Triple Leo Consulting||Pennsylvania-based Triple Leo Consulting is a privately-owned fund administrator that has been launched to service alternative investment funds, including digital asset funds, in the US.||2017||1-10||n.a.||n.a.||21||1.5|
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