A structured pathway to global capital for issuers and fund managers
Traditional capital markets are built for the largest participants. Many capable businesses, infrastructure sponsors and asset backed borrowers sit between conventional bank finance and the traditional institutional bond market. Many credible fund managers face a similar gap, with high establishment costs, fragmented service providers and limited access to institutional investors who expect a recognised domicile.
Bank lending can be restrictive. Equity can dilute ownership and control. Conventional bond issuance and fund establishment often involve high fixed costs, multiple intermediaries and minimum scales that exclude otherwise credible participants.
FDM is designed for issuers and fund managers seeking a more structured route to global capital. Through Luxembourg, the FDM platform provides a pathway to tokenised bond issuance and tokenised fund structures, built on a recognised legal framework, professional administration and digital securities infrastructure.
TWO ROUTES, BOND ISSUANCE AND FUND ESTABLISHMENT
Two routes, one platform
The FDM platform supports two distinct routes to market. Each follows its own structuring path, and both share the same Luxembourg foundation, administration model and digital securities infrastructure.
Route 1: Tokenised Bond Issuance
For businesses, infrastructure sponsors, sovereigns and asset-backed borrowers seeking to raise debt capital. FDM supports the structuring of tokenised bonds around real assets, contracted revenues and a clear use of proceeds, with tranche structures that allow capital to be raised as the issuer’s needs evolve. This route is designed for issuers seeking access to global debt capital without diluting ownership or control.
Route 2: Tokenised Fund Establishment
For fund managers and investment sponsors seeking to establish a Luxembourg-domiciled fund vehicle with institutional-grade administration and tokenisation. FDM coordinates the path from fund concept to launch, working alongside Luxembourg legal counsel and established administration partners, with fund interests represented as digital tokens. This route is open to any fund type that can be legally registered in Luxembourg, with the sponsor engaging counsel for its registration.
TOKENISED FUND ESTABLISHMENT
Built for fund managers ready to establish
Suitable fund manager characteristics
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Investment managers with a defined and executable investment strategy
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Managers with an established track record or a credible pipeline of investments
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Sponsors with an identified target investor base (institutional, professional or well-informed investors)
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Proposed fund size of generally USD 50 million or more at launch
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Willingness to engage Luxembourg legal counsel for registration and constitutional documents
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Commitment to institutional-grade administration, reporting and investor onboarding
Not generally suitable
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Funds with no defined investment strategy or with purely speculative mandates
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Structures targeting retail investors without regulatory approval at fund level
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Managers unwilling to meet institutional administration and reporting standards
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Fund concepts without a credible path to first close
TOKENISED BOND ISSUANCE
A structured path from issuer readiness to digital securities issuance
Preserve ownership
Raise debt capital without selling equity or surrendering control of the business.
Structure around the asset
Build the issuance around security, cash flow, use of proceeds, tranche requirements and investor protections.
Access a global framework
Use a Luxembourg based structuring framework designed for cross border capital formation.
Improve operational efficiency
Use digital securities infrastructure to support controlled issuance, record keeping, transfer restrictions and reporting.
Professional administration
Establish a clear operating model for investor onboarding, register maintenance, reporting, distributions and corporate actions.
Scale through tranches
Structure staged drawdowns so capital can be raised in line with acquisitions, construction milestones or working capital needs.