Big news: Investre has become the first company to receive the “control agent” license from the CSSF under the new Blockchain Law IV.
This is a foundational shift.
What’s a control agent?
It’s a new type of licensed entity that can:
- Maintain the official issuance ledger of tokenized securities on-chain
- Monitor ownership changes in real-time
- Ensure 1:1 alignment between issued and held assets
In short: it replaces the traditional complex fund infrastructure (central account keepers, custodians, transfer agents) with a blockchain-native, transparent, and efficient model.
Why it matters?
Luxembourg is Europe’s leading cross-border fund center, with €7.3 trillion under management.
This law (and this license) enable fully regulated tokenized funds that can:
- Slash operational costs (up to -23% according to Calastone)
- Automate issuance, transfer, and redemption
- Open access to a broader investor base via smooth digital onboarding
- Improve compliance, auditability, and settlement
And it’s already happening:
Investre has tokenized over 3,000 funds, and now has the legal mandate to issue, distribute, and manage them entirely on-chain.
This is a first for Europe. A signal. A test.
Luxembourg is now legally and technically ready to lead tokenized fund innovation in Europe.
But here’s the question:
Will it actually seize the opportunity? Or will others take the lead?
The tools are there.
The law is there.
The market is watching.
Let’s build from the heart of Europe. 🧡
