Through this partnership, 21Shares aims to provide an additional layer of security, protection, regulatory compliance and transparency to its physically-backed ETPs
The company says this integration will cover the custody of any Stellar tokenised assets through Taurus-PROTECT, as well as asset-agnostic issuance on the Stellar blockchain through Taurus-CAPITAL
They will gain access to solutions that include middle office outsourcing, global custody, securities lending, fund administration, and depositary services
The companies say SS&C will provide fund accounting, middle office and transfer agency services for the funds for which Investment Fund Services (IFS) acts as ACD or AFM