The move shows how digital assets – a term ranging from bitcoin to “smart contracts” – have become mainstream wealth management concerns.

Schroders has launched its Global Digital Assets Centre of Excellence in Singapore.

Led by Marita McGinley, the global head of digital asset strategy at the UK-listed firm, is bringing together a team of digital asset specialists based in Singapore. 

The centre will focus on topics such as applying tokenization use cases for Schroders’ business; exploiting new opportunities arising from tokenization which will complement active asset management such as tokenized funds, managing collateral and treasury solutions, and creating a simplified framework of reusable digital components (e.g. data, smart contracts, integration tools) that can be expanded across multiple platforms.

The move shows how digital assets – a term ranging from bitcoin to “smart contracts” – have become mainstream wealth management concerns. (See this article for an overview of why digital assets matter for wealth managers; this article from 2022 also gives an overview.)

“This approach allows the firm to broaden investment opportunities, standardise operational processes, and build future-ready capabilities,” Schroders said in a statement.

“As Asia continues to accelerate its leadership in digital asset innovation, Singapore’s dynamic fintech ecosystem provides the ideal platform for us to reimagine how digital assets can unlock personalised, agile investment solutions at scale,” Gopi Mirchandani, head of client group, Asia, Schroders, said.