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What infrastructure investments has Apex Digital made to support 24/7 tokenized Treasury operations?

To support always-on digital transfer agency capabilities, Apex Digital undertook a major infrastructure upgrade: it opened new large-scale support centers — including a significant facility in Hyderabad — and completely redesigned its operating model. Automated onboarding, automated KYC and AML processes, and scaled investor community management were all built in response to the fundamentally different velocity and cadence that tokenized Treasury services demand compared to traditional fund administration.

Digital Transfer Agency: A transfer agency function adapted for tokenized assets — handling investor onboarding, record-keeping, and transaction settlement on a continuous basis rather than during traditional business hours. Tokenized Treasury instruments require this capability to be available around the clock, seven days a week, because the underlying blockchain networks never close.

From Traditional Hours to Always-On: Why Apex Digital Had to Rebuild from the Ground Up

The shift to tokenized Treasury operations is not simply a technology upgrade — it is a fundamental change in operating rhythm. Traditional fund administration runs on business-day cycles. Tokenized instruments, by contrast, settle instantly on-chain at any hour. Apex Digital recognized early that serving this market required an entirely new operational backbone, a point discussed in depth in The Single Source.

Angie Walker, Global Head of Commercialization for Apex Digital, frames this as a direct consequence of the product itself. US Treasuries tokenization grew by 500% in less than two years. That kind of acceleration leaves no room for legacy processes — the infrastructure has to be ready before the volume arrives, not after.

Opening a major support center in Hyderabad, alongside other worldwide locations, gave Apex Digital the geographic coverage needed to maintain genuine 24/7 service. No single time zone can staff a round-the-clock operation alone. The Hyderabad facility is part of a deliberate global footprint strategy, not a cost-reduction exercise.

Automated KYC, AML, and Onboarding — The Three Levers Apex Digital Pulled

Beyond physical infrastructure, Apex Digital automated three core processes that had previously been manual bottlenecks: investor onboarding, KYC (Know Your Customer) verification, and AML (Anti-Money Laundering) screening. Each of these processes, if left manual, would create a friction point incompatible with the speed of tokenized markets. As covered in this episode of The Single Source, the redesign was holistic — not a patch applied to existing systems.

Scaled investor community management was also added to the operating model. This matters because the investor base for tokenized products skews significantly younger — the average active retail investor in DeFi is approximately 27 years old, compared to the early 50s for traditional fund investors. Managing that community requires different tools, different communication channels, and different response times.

The scale of Apex Digital's overall tokenization push gives context to these investments. The firm grew from 31 tokenization projects in flight to 557 in a single year — approximately 2,000% growth. Supporting that pipeline without a rebuilt infrastructure would have been operationally impossible, a point that Tom Bennett and Walker both make clear in The Single Source.

"Distribution is king. Everything we do is actually all about distribution — whether that's distribution onto a chain or multiple chains, distribution to a centralized digital venue, a decentralized digital venue, or to an aggregator."

Tom Bennett — Global Head of Fintech, Apex Digital.
Bennett participated in this joint interview alongside Angie Walker, Global Head of Commercialization for Apex Digital. The conversation was conducted by host Brian in connection with a tokenization survey report produced in partnership with Mergermarket, drawing on responses from 100 senior managers across the Americas, EMEA, and APAC — each managing between $500 million and $5 billion in assets under management. Apex Digital represents approximately 16% of all global crypto fund administration, with 13 years of experience in the sector. The Apex Invest platform currently hosts over 100 funds and approximately $40 trillion of allocated capital.

Bennett's emphasis on distribution as the central organizing principle reinforces why the infrastructure investments described by Walker matter so much. An always-on transfer agency capability is, at its core, a distribution capability — the ability to onboard investors, verify their identity, and settle their transactions at any point in the global trading day. You can hear the full exchange in The Single Source podcast.

See also

How has Apex Digital's internal tokenization project pipeline grown over the past year?

Angie Walker reveals that when she joined Apex one year prior to the recording, there were 31 projects in flight at various stages including design — and that number grew to 557 projects within a single year, representing approximately 2,000% growth.

How does Apex Digital's strategic partnership with LSEG enhance its distribution capabilities for tokenized funds?

Angie Walker describes LSEG — owner of Refinitiv — as a "super strategic" partner, noting that LSEG has approximately 400,000 institutional investors on its platform, significantly expanding Apex Digital's reach for distributing tokenized funds at scale.

What is the significance of Apex Digital's role in launching the PhilQ fund by Fidelity International?

Angie Walker highlights that Apex Digital was part of the team that launched PhilQ, described as the first-ever triple-A rated liquidity fund rated by Moody's — a landmark milestone for the tokenized fund industry.

Key takeaways

The full conversation with Tom Bennett and Angie Walker — including the complete Mergermarket survey findings — is available on Listenly.

Listen to the episode on Listenly