LetzToken builds the canonical blockchain layer for Luxembourg's financial sector, unifying fragmented fund operations onto a single shared record. The company provides production-grade infrastructure for tokenized assets, enabling real-time settlement, automated compliance, and eliminating manual reconciliation across the €8 trillion fund ecosystem. Its platform integrates with partner CIDX for identity and compliance interoperability.
Funding
Funding not disclosed
Founders
Product
Problem
Luxembourg's €8 trillion fund industry, the world's second-largest fund domicile, operates on disconnected registries, manual reconciliation processes, and bilateral relationships designed for a paper-based era. A single fund subscription touches seven parties over forty-eight hours and generates four registers that must align daily, creating costly inefficiencies, settlement delays, and audit complexity across every transaction.
Solution
LetzToken provides the canonical blockchain layer for Luxembourg's financial ecosystem, connecting every participant through one shared record that eliminates reconciliation and establishes a single source of truth. The platform delivers production-grade infrastructure with smart contracts, real-time settlement, automation, and complete audit trails, built specifically for financial institutions. Leveraging Luxembourg's Blockchain Law IV, which grants on-chain registers full legal equivalence with traditional registers, LetzToken enforces every rule and settles every transaction without disrupting existing back-office systems. The infrastructure extends across fund structures, asset classes, and institutions, with CIDX as a partner providing identity and compliance interoperability through digital identity, verifiable credentials, and KYC portability.
Target Audience
Primary customers are financial institutions operating in Luxembourg's fund ecosystem, including issuers, transfer agents, fund administrators, banks, and distributors seeking to modernize fund operations through blockchain infrastructure.
Features
- One shared record per asset across all participants, transforming reconciliation into instant verification
- Cryptographic signatures, timestamps, and full transaction lineage that turn audits into simple queries
- Production-grade smart contracts with real-time settlement and automated compliance enforcement
- Integration with CIDX for digital identity, verifiable credentials, KYC portability, and zero-knowledge proofs
- Legal equivalence under Luxembourg's Blockchain Law IV, with regulatory confirmation of stablecoin settlement for fund subscriptions
- Non-disruptive deployment that connects to existing back-office systems without replacement