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Thursday, June 11, 2026
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Apex Group acquires majority stake in Fund Admin Chain

Apex Group Ltd. (“Apex” or “The Group”), a global financial services provider, announces today the expansion of its Digital Assets capabilities with the acquisition of a majority stake in Fund Admin Chain (“FAC”), a distributed ledger-based network for launching, distributing, trading and settling collective investment funds.

FAC is designed to connect fund investors, fund managers and their service providers in a digital distributed ecosystem. In addition to simplifying and streamlining the investment funds’ value-chain, FAC delivers additional revenue opportunities for funds industry participants.

FAC is a pioneer in the application of new technologies to the funds industry and Apex’s position as majority shareholder will accelerate the adoption of these technologies and set a global standard for the tokenisation of funds.

This proprietary technology will facilitate greater productivity and efficiency for the Group’s clients, in particular enabling the faster and cheaper launching and distribution of funds, the ability to trade tokenised funds secondary Decentralized Finance (“DeFi”) markets, as well as delivering improved experiences for both fund managers and investors. FAC has also extended their roadmap to deliver and operate a regulated exchange for digital funds.

Peter Hughes, Founder and CEO of Apex Group comments: “Recent developments in Distributed Ledger Technology and Digital Asset Tokenisation are driving significant transformation within the asset management industry. Our majority shareholding of FAC will allow us to harness the potential of these new technologies, and drive the adoption of tokenised funds, and improved ways of launching, distributing, trading and settling funds for our clients. This investment further demonstrates our focus on delivering an ever-evolving single-source solution, underpinned by innovative, flexible and best-in-class technology.”

Brian McNulty, CEO, FAC further comments: “As a global financial services provider, Apex is uniquely positioned to leverage new technologies to offer clients more flexible and efficient fund services. We see their investment in FAC as an exciting opportunity to collectively shape the future of the funds industry.”

 

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  1. EXCLUSIVE: “Buy, Build, or Boost: Choosing the Right Path Amidst an Accelerating Agentic Future” – Matthew Barnard, BBD and Theodora Lau , Unconventional Ventures in ‘The Fintech Magazine’ Read more
  2. Intimate Data Enrichment: Powering Hyper-Personalized Portals and Risk-Mitigated Lending Rails Read more
  3. The Expansion of Machine Identity: Mapping Digital IDs, Liability Protocols, and Cross-Border Frameworks for IoT and AI Agents Read more
  4. The Financial Benefits of Nearshoring IT Services and How Greentech Is Reshaping Modern Banking Infrastructure Read more
  5. ACI Worldwide Powers Next-Generation PSP Expansion in Africa with Kwik Payments Go-Live Read more
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