AllianceBernstein takes steps towards tokenisation with blockchain collaboration

Kathleen Gallagher
clock • 1 min read

AllianceBernstein has announced a partnership with specialist in blockchain technology Allfunds Blockchain as it looks to tap into the benefits of tokenisation.  Tokenisation involves using blockchain technology to communicate sensitive information or data. A tokenised fund, which may also be known as a digital fund or a BTF (blockchain-traded fund), is one where shares or units in the fund are digitally represented and can be traded and recorded on a distributed ledger. In a press release issued today (16 May), AllianceBernstein said Allfunds Blockhain's technology could "transform o...

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