Share this article
Five UK Mutual Funds Partner on Blockchain Trading Project
Five major UK fund houses have reportedly partnered on a project to explore blockchain technology's cost saving potential in trading systems.
Updated Sep 11, 2021, 12:07 p.m. Published Feb 8, 2016, 2:40 p.m.
Make us preferred on Google
Five major British mutual fund operators have partnered to explore blockchain technology's cost saving potential in trading systems.
As reported in the Financial Times, Schroders Investment Management and Aberdeen Asset Management have initiated the project, along with Columbia Threadneedle Investments. Aviva Investors and Henderson Global Investors are also said to be involved in talks about the initiative.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Together the funds – which manage over £1tn ($1.44tn) in assets – are exploring the possibility that blockchain or distributed ledger tech can save billions by removing intermediaries and reducing manual processing of trades, which can take days to complete with current systems.
According to the FT, the firms are looking into various applications for the technology, including the direct trading of illiquid securities.
Financial institutions have been coming together in numbers over the last year to explore the possibilities of blockchains, joining consortia such as R3, which now has over 40 banks on board. However, this would seem to be the first time in which fund houses have come together to investigate the technology.
Investment image via Shutterstock
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
How a 'perpetual’ stock trick could solve Michael Saylor’s $8 billion debt problem
The bitcoin treasury firm is using perpetual preferreds to retire convertibles, offering a potential framework for managing long-dated leverage.
What to know:
- Strive upsized its SATA follow on offering beyond $150 million, pricing the perpetual preferred at $90.
- The structure offers a blueprint for replacing fixed maturity convertibles with perpetual equity capital that removes refinancing risk.
- Strategy has a $3 billion convertible tranche due in June 2028 with a $672.40 conversion price, which could be addressed using a similar preferred equity approach.
Top Stories
