Azimut, Allfunds Blockchain and BNP Paribas launch first successful tokenization

Azimut Group, through its subsidiaries Azimut Investments S.A., Allfunds Blockchain and BNP Paribas Securities Services, has successfully completed the first phase of a joint blockchain initiative. The initiative involved the tokenization of a portion of the Luxembourg-domiciled fund AZ RAIF I – Absolute Non-Performing Assets, one of the Group’s private debt strategies. Azimut Group’s important initiative in the blockchain world This is a significant undertaking for the Azimut Group, as the success of the initiative demonstrates the company’s commitment to innovation and its ability to leverage technology to enhance its offerings. By tokenizing a share of the fund, the Azimut