DWS kicks off fund tokenisation push

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DWS said it wants to seal partnerships so it can 'participate in tokenisation at scale'Photo: SOPA Images/LightRocket via Getty Images

DWS, the listed asset manager majority-owned by Deutsche Bank, has kick-started talks with specialist service providers and distributors as it embarks on a major tokenisation push.

The Frankfurt-headquartered group is preparing to tokenise its first fund, a move that would allow investor holdings to be held on a blockchain similar to the technology used to determine ownership of cryptocurrencies.