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Alchelyst and Allfunds Blockchain launch API
09 June 2025 US, Ireland
Image: groviapoto/stock.adobe.com
Alchelyst, an integrated investor solutions and infrastructure partner for private markets asset managers, has partnered with Allfunds Blockchain, a B2B fund distribution platform, to help private markets asset managers process investor transactions more efficiently, reducing errors, and administrative friction.
The partnership introduces Alchelyst×Allfunds Blockchain API, an API-driven, permissioned blockchain integration that replaces manual transfer agency order processing with straight-through processing for subscriptions, redemptions and switches.
The API handles real-time data exchange between the two firms, replacing error-prone, manual workflows with a seamless, technology-first operating model.
Built on Allfunds’ Blockchain infrastructure, the integration with Alchelyst’s Aurum platform provides general partners (GPs) with a direct, digital route to the Allfunds distribution network, unlocking distribution opportunities that were previously difficult to access.
The firms say the partnership addresses an industry challenge — fragmented and labour-intensive back office processes have historically made private markets harder to operate and scale than traditional asset classes.
Will Callaghan, head of product, Alchelyst, notes: “Our focus is on building the infrastructure for modern private markets that enables GPs to scale. Through this partnership with Allfunds Blockchain, Alchelyst clients gain distribution reach that would typically require significant investment to build independently.”
“Beyond the immediate operational benefits, the initiative represents a joint commitment to support the expansion and maturation of the private markets industry. By simplifying interactions and reinforcing the infrastructure behind fund operations and distribution, Alchelyst and Allfunds are contributing to a more scalable, efficient and resilient ecosystem — better positioned to meet increasing investor demand and support long-term growth across the asset class.”
The partnership introduces Alchelyst×Allfunds Blockchain API, an API-driven, permissioned blockchain integration that replaces manual transfer agency order processing with straight-through processing for subscriptions, redemptions and switches.
The API handles real-time data exchange between the two firms, replacing error-prone, manual workflows with a seamless, technology-first operating model.
Built on Allfunds’ Blockchain infrastructure, the integration with Alchelyst’s Aurum platform provides general partners (GPs) with a direct, digital route to the Allfunds distribution network, unlocking distribution opportunities that were previously difficult to access.
The firms say the partnership addresses an industry challenge — fragmented and labour-intensive back office processes have historically made private markets harder to operate and scale than traditional asset classes.
Will Callaghan, head of product, Alchelyst, notes: “Our focus is on building the infrastructure for modern private markets that enables GPs to scale. Through this partnership with Allfunds Blockchain, Alchelyst clients gain distribution reach that would typically require significant investment to build independently.”
“Beyond the immediate operational benefits, the initiative represents a joint commitment to support the expansion and maturation of the private markets industry. By simplifying interactions and reinforcing the infrastructure behind fund operations and distribution, Alchelyst and Allfunds are contributing to a more scalable, efficient and resilient ecosystem — better positioned to meet increasing investor demand and support long-term growth across the asset class.”
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