BBVA Asset Management takes a further step in asset tokenization alongside Hamilton Lane, Allfunds Blockchain and Apex Group

Hamilton Lane, a leading global private markets investment firm, has announced the launch of a new tokenized share class providing access to the Hamilton Lane Global Private Assets Fund (GPA), developed in collaboration with Allfunds Blockchain, the digital innovation arm of Allfunds, and Apex Group. BBVA Asset Management has committed to participate as the first investor and initial exclusive distributor for institutional portfolios of this new tokenized share class.

This launch marks a significant milestone in the evolution of access to private markets by leveraging blockchain-based distribution models with the aim of delivering a more efficient, transparent, and flexible investment experience for investors. The tokenized share class of the fund will be available through the Allfunds platform and supported by Allfunds Blockchain as the technology provider and Apex Group as transfer agent, enabling end-to-end digital subscription, administration, and servicing.

As part of the agreement, BBVA Asset Management will benefit from a three-month exclusive distribution period, reinforcing the asset manager’s commitment to innovation and to playing an active role in exploring new digital distribution models for private market assets in Europe.

The initiative leverages the combined capabilities of Allfunds Blockchain and Apex Group to provide:

Operational efficiency in subscriptions, transfers, and ongoing fund administration.
Reduced friction and lower costs in cross-border distribution.
Greater flexibility through fractional tokenization and digital share structures.
Enhanced transparency and traceability through blockchain technology.

With this launch, Hamilton Lane expands its track record of evolving institutional access to private markets, including through technological innovation, and continues to play a pioneering global role in the tokenization and digitalization of private market products. Hamilton Lane GPA is an evergreen fund designed to provide investors with diversified exposure to private markets through a single investment commitment.

“BBVA Asset Management is committed to driving innovation in financial services, and this initiative reflects our conviction in the potential of tokenization to facilitate more efficient access to sophisticated investment opportunities,” said Belén Blanco, CEO of BBVA Asset Management. “We are pleased to participate as the first investor and distributor of this new tokenized share class and to continue exploring digital solutions that can enhance the client investment experience.”