SEI and Ctrl Alt to Explore Tokenization in Bank of England's Sandbox
SEI (NASDAQ:SEIC) has announced a strategic partnership with tokenization platform Ctrl Alt to participate in the Bank of England's Digital Securities Sandbox (DSS). The collaboration aims to explore blockchain and distributed ledger technology applications in traditional financial infrastructure.
Through SEI Investments Europe (SIEL), the company will provide underlying assets for tokenization in the DSS's second phase, potentially managing custody and crypto-asset activity. The initiative comes as projections indicate 10% of global GDP will be tokenized and stored on blockchain by 2027.
Additionally, SEI Ventures Inc. has made an early-stage investment in Ctrl Alt, though the investment is described as immaterial to SEI's financial results. The partnership focuses on developing tokenized solutions to enhance security, transparency, and efficiency across financial services.
SEI (NASDAQ:SEIC) ha annunciato una partnership strategica con la piattaforma di tokenizzazione Ctrl Alt per partecipare al Digital Securities Sandbox (DSS) della Banca d'Inghilterra. La collaborazione mira a esplorare le applicazioni della tecnologia blockchain e dei registri distribuiti nell'infrastruttura finanziaria tradizionale.
Attraverso SEI Investments Europe (SIEL), l'azienda fornirà asset sottostanti per la tokenizzazione nella seconda fase del DSS, gestendo potenzialmente l'attività di custodia e di asset crittografici. L'iniziativa arriva mentre le proiezioni indicano che il 10% del PIL globale sarà tokenizzato e archiviato su blockchain entro il 2027.
Inoltre, SEI Ventures Inc. ha effettuato un investimento in fase iniziale in Ctrl Alt, sebbene l'investimento sia descritto come irrilevante per i risultati finanziari di SEI. La partnership si concentra sullo sviluppo di soluzioni tokenizzate per migliorare la sicurezza, la trasparenza e l'efficienza nei servizi finanziari.
SEI (NASDAQ:SEIC) ha anunciado una asociación estratégica con la plataforma de tokenización Ctrl Alt para participar en el Digital Securities Sandbox (DSS) del Banco de Inglaterra. La colaboración tiene como objetivo explorar las aplicaciones de la tecnología blockchain y de los libros de contabilidad distribuidos en la infraestructura financiera tradicional.
A través de SEI Investments Europe (SIEL), la empresa proporcionará activos subyacentes para la tokenización en la segunda fase del DSS, gestionando potencialmente la custodia y la actividad de activos criptográficos. La iniciativa surge mientras las proyecciones indican que el 10% del PIB global será tokenizado y almacenado en blockchain para 2027.
Además, SEI Ventures Inc. ha realizado una inversión en etapa temprana en Ctrl Alt, aunque la inversión se describe como inmaterial para los resultados financieros de SEI. La asociación se centra en desarrollar soluciones tokenizadas para mejorar la seguridad, la transparencia y la eficiencia en los servicios financieros.
SEI (NASDAQ:SEIC)는 토큰화 플랫폼 Ctrl Alt와 전략적 파트너십을 발표하고 영국은행의 디지털 증권 샌드박스(DSS)에 참여합니다. 이번 협업은 전통 금융 인프라에서 블록체인 및 분산 원장 기술의 응용을 탐구하는 것을 목표로 하고 있습니다.
SEI Investments Europe (SIEL)를 통해 회사는 DSS의 두 번째 단계에서 토큰화를 위한 기초 자산을 제공하고, 잠재적으로 자산 보관 및 암호화 자산 활동을 관리할 것입니다. 이 이니셔티브는 2027년까지 전 세계 GDP의 10%가 토큰화되어 블록체인에 저장될 것이라는 예측이 나오면서 시작되었습니다.
또한, SEI Ventures Inc.는 Ctrl Alt에 초기 단계 투자를 했지만, 이 투자는 SEI의 재무 결과에 미치는 영향이 미미하다고 설명됩니다. 이 파트너십은 금융 서비스 전반에 걸쳐 보안, 투명성 및 효율성을 향상시키기 위해 토큰화된 솔루션 개발에 중점을 두고 있습니다.
SEI (NASDAQ:SEIC) a annoncé un partenariat stratégique avec la plateforme de tokenisation Ctrl Alt pour participer au Digital Securities Sandbox (DSS) de la Banque d'Angleterre. Cette collaboration vise à explorer les applications de la technologie blockchain et des registres distribués dans l'infrastructure financière traditionnelle.
À travers SEI Investments Europe (SIEL), l'entreprise fournira des actifs sous-jacents pour la tokenisation lors de la deuxième phase du DSS, gérant potentiellement la garde et les activités d'actifs cryptographiques. L'initiative intervient alors que les prévisions indiquent que 10% du PIB mondial sera tokenisé et stocké sur blockchain d'ici 2027.
De plus, SEI Ventures Inc. a réalisé un investissement en phase précoce dans Ctrl Alt, bien que cet investissement soit décrit comme non significatif pour les résultats financiers de SEI. Le partenariat se concentre sur le développement de solutions tokenisées pour améliorer la sécurité, la transparence et l'efficacité dans les services financiers.
SEI (NASDAQ:SEIC) hat eine strategische Partnerschaft mit der Tokenisierungsplattform Ctrl Alt angekündigt, um am Digital Securities Sandbox (DSS) der Bank von England teilzunehmen. Die Zusammenarbeit zielt darauf ab, Anwendungen der Blockchain- und Distributed-Ledger-Technologie in der traditionellen Finanzinfrastruktur zu erkunden.
Durch SEI Investments Europe (SIEL) wird das Unternehmen zugrunde liegende Vermögenswerte für die Tokenisierung in der zweiten Phase des DSS bereitstellen und möglicherweise die Verwahrung und die Aktivitäten im Bereich Krypto-Assets verwalten. Diese Initiative kommt, während Prognosen darauf hindeuten, dass 10% des globalen BIP bis 2027 tokenisiert und auf der Blockchain gespeichert werden.
Darüber hinaus hat SEI Ventures Inc. eine Frühphaseninvestition in Ctrl Alt getätigt, die jedoch als unerheblich für die finanziellen Ergebnisse von SEI beschrieben wird. Die Partnerschaft konzentriert sich auf die Entwicklung tokenisierter Lösungen zur Verbesserung von Sicherheit, Transparenz und Effizienz im Finanzdienstleistungssektor.
- Strategic positioning in blockchain technology through Bank of England's sandbox participation
- Early-stage investment in Ctrl Alt provides exposure to tokenization market
- Potential expansion into custody and crypto-asset management services
- None.
Insights
SEI's partnership with Ctrl Alt to participate in the Bank of England's Digital Securities Sandbox (DSS) represents a strategic positioning move in blockchain-based financial infrastructure. The collaboration aims to test how tokenization can enhance post-trade processes in a regulated, non-live environment, reducing implementation risks while exploring potential efficiency gains.
SEI will provide underlying assets for tokenization in the initiative's second phase, potentially expanding to manage custody and crypto-asset activity if successful. This approach allows SEI to develop practical expertise in blockchain applications before wider market adoption.
The concurrent early-stage investment in Ctrl Alt through SEI Ventures, while explicitly described as "immaterial to SEI's financial results," demonstrates a calculated approach to blockchain innovation. Rather than making massive capital commitments, SEI is making targeted investments to gain access to specialized technology partners.
This move follows the broader financial industry's shift from theoretical blockchain exploration to practical implementation. SEI appears to be positioning itself at the intersection of traditional finance and emerging blockchain infrastructure, potentially enhancing its asset servicing capabilities through improved transaction efficiency and security measures.
The cited projection that
The Bank of England's Digital Securities Sandbox represents a significant regulatory framework development for blockchain adoption in traditional finance. SEI's participation positions them within a select group working directly with regulators to shape the future of tokenized assets in a compliant environment.
This collaboration addresses a critical industry gap: testing blockchain technology within the constraints of existing regulatory frameworks. By partnering with both Ctrl Alt and regulatory authorities, SEI gains valuable insights into emerging compliance requirements for tokenized assets, potentially creating a competitive advantage as regulations evolve.
From a regulatory perspective, sandboxes typically precede formal rule-making. SEI's early involvement could provide influence in the development of standards and best practices. The multi-phase approach—with SEI initially providing underlying assets and potentially expanding to custody services—suggests a measured, risk-controlled implementation strategy.
The partnership's focus on "unlocking benefits across the entire asset lifecycle and value chain" indicates SEI is targeting operational efficiency gains throughout the investment process, not just isolated improvements. The emphasis on legal certainty in Ctrl Alt's approach acknowledges the significant regulatory hurdles facing tokenization.
For SEI investors, while financially "immaterial" currently, this initiative offers strategic value through regulatory relationship building, practical implementation experience, and potential first-mover advantages as tokenization scales. The industry is moving from conceptual blockchain discussions to practical implementation, and SEI is positioning itself at this inflection point.
Strategic Investment in Ctrl Alt to Drive Innovation in Blockchain Technology
With
Sneha Shah, Head of New Business Ventures at SEI, said:
"Tokenized solutions have the potential to enhance security, transparency, and efficiency to drive significant improvements across financial services. Building upon our roots in innovation and leveraging our ability to connect the industry in ways that others cannot, we're committed to unlocking benefits across the entire asset lifecycle and value chain through this collaboration. We look forward to working with Ctrl Alt, the Bank of
In addition to this initiative, SEI Ventures Inc. made an early-stage investment in Ctrl Alt. SEI Ventures is SEI's venture capital program based in the
Discussing the strategic investment, Alex Cochand, Director of the SEI Venture Studio, said:
"The financial services landscape continues to experience significant digital evolution, with blockchain technology demonstrating the potential to create a more efficient and secure ecosystem. We are focused on making strategic investments in the fintech and wealthtech space that enable us to accelerate and capitalize on opportunities to transform the wealth management experience, and we're thrilled to collaborate with Ctrl Alt to explore ways to potentially unlock those opportunities. We believe the combination of our 57 years of industry knowledge with Ctrl Alt's expertise and nimbleness will help drive innovation and growth."
Matt Ong, CEO and Founder at Ctrl Alt, added:
"As interest in tokenization continues to increase among financial institutions, we've built our solutions to seamlessly enable the tokenization of assets within the parameters of traditional financial structuring, so the industry can benefit from the technology with legal certainty. SEI's breadth of capabilities across technology, operations, and asset management enables them to innovate across the financial services ecosystem because of the connections they've built. We're confident our strategic partnership will help push the industry forward and power the future of wealth."
1Jeremy Allaire, "Blockchain is in from the cold—and stablecoins are set to change the financial system forever," World Economic Forum, Jan. 15, 2024.
About SEI®
SEI (NASDAQ:SEIC) is a leading global provider of financial technology, operations, and asset management services within the financial services industry. SEI tailors its solutions and services to help clients more effectively deploy their capital—whether that's money, time, or talent—so they can better serve their clients and achieve their growth objectives. As of Dec. 31, 2024, SEI manages, advises, or administers approximately
About Ctrl Alt
Combining blockchain technology and expert financial engineering, Ctrl Alt is a B2B infrastructure business providing solutions in the alternative assets space. As of March 1, 2025, Ctrl Alt has tokenized over
With offices in the
For further information, visit www.ctrl-alt.co or contact via, info@ctrl-alt.co.
Alt Ltd (FRN 974321) is an Appointed Representative of Infinity Asset Management LLP (FRN: 464315), authorized and regulated by the Financial Conduct Authority.
This press release contains forward-looking statements by SEI and its affiliates within the meaning of the rules and regulations of the Securities and Exchange Commission. In some cases, you can identify forward-looking statements by the words "may," "will," "expect," "plan," "believe," and "continue" or "appear." SEI's forward-looking statements include discussions about future opportunities, benefits, solutions, platforms, operations, and strategies, including:
- the potential benefits of tokenization in the financial services industry,
- the potential benefits of the SEI collaboration with Ctrl Alt,
- the focus of the investment strategies of SEI and its affiliates,
- the drivers of innovation and growth, and
- the degree to which SEI and/or its affiliates will realize the expected value of their investments.
You should not place undue reliance on SEI's forward-looking statements as they are based on the current beliefs and expectations of SEI management and subject to significant risks and uncertainties many of which are beyond SEI management's control or are subject to change. Although SEI management believe the assumptions upon which SEI's forward-looking statements are based are reasonable, they could be inaccurate. Some of the risks and important factors that could cause actual results to differ from those described in SEI's forward-looking statements can be found in the "Risk Factors" section of SEI's Annual Report on Form 10–K for the year ended Dec. 31, 2024, filed with the Securities and Exchange Commission and available on SEI's website at https://www.seic.com/investor-relations and on the Securities and Exchange Commission's website (www.sec.gov). There may be additional risks that SEI does not presently know or that SEI currently believes are immaterial which could also cause actual results to differ from those contained in SEI's forward-looking statements. SEI does not undertake to update the forward-looking statements to reflect the impact of circumstances or events that may arise after the date of the forward-looking statements.
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SOURCE SEI Investments Company
FAQ
What is the purpose of SEI's partnership with Ctrl Alt in the Bank of England's Digital Securities Sandbox?
How much of global GDP is expected to be tokenized by 2027 according to the SEIC announcement?
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