Alchelyst and Allfunds Blockchain Launch API to Automate Private Markets Distribution
By Ali Paterson · 10 June 2026

Quick Summary
Alchelyst and Allfunds Blockchain have launched a new private markets distribution API to automate investor transactions. By utilizing straight-through processing via blockchain, the partnership eliminates manual back-office workflows for subscriptions and redemptions, allowing asset managers to scale operations and access global distribution networks more efficiently.
How Does the Alchelyst×Allfunds API Solve Distribution Friction?
The private markets distribution landscape has long been hindered by fragmented, manual processes that limit the ability of General Partners (GPs) to scale. This new API-driven integration replaces legacy transfer agency order processing with automated digital workflows. By connecting Alchelyst’s Aurum platform directly to Allfunds’ blockchain infrastructure, the solution ensures real-time data exchange for critical transactions.
- Eliminates manual entry for subscriptions, redemptions, and switches.
- Reduces administrative errors inherent in traditional back-office models.
- Accelerates time-to-market for funds seeking broader investor access.
What Results Has Blockchain Integration Delivered for Asset Managers?
By leveraging a permissioned blockchain integration, Alchelyst provides its clients with a seamless operating model that mirrors the efficiency of public markets. This technology-first approach allows GPs to bypass the significant capital investment usually required to build independent distribution reach. The partnership effectively bridges the gap between fund operations and distribution, creating a resilient ecosystem for long-term growth.
“Our focus is on building the infrastructure for modern private markets that enables GPs to scale,” said Will Callaghan, Alchelyst Head of Product. “Through this partnership with Allfunds Blockchain, Alchelyst clients gain distribution reach that would typically require significant investment to build independently.”
How Does This Partnership Support Private Market Scaling?
The collaboration provides a direct digital route to one of the world’s largest B2B fund distribution networks. As investor demand for alternative asset classes increases, the need for scalable infrastructure becomes paramount. This integration ensures that the operational foundation is robust enough to handle increased volume without a corresponding increase in headcount or overhead.
- Global reach across US, Ireland, UK, Luxembourg, and India.
- Smart contract automation to streamline complex fund governance.
- Enhanced data integrity through a secure, private blockchain environment.
“Our collaboration with Alchelyst shows what becomes possible when distribution infrastructure and fund operations are fully connected,” said Rubén Nieto, Managing Director, Allfunds Blockchain. “By automating workflows that have historically relied on manual intervention, GPs gain a direct digital route to one of the largest distributor networks in the world, and the private markets industry gets the operational foundation it needs for its next phase of growth.”
FF NEWS TAKE:
This partnership truly moves the needle by bringing public market efficiency to the notoriously opaque world of private equity and credit. By prioritizing private markets distribution through blockchain-backed automation, Alchelyst and Allfunds are removing the 'manual tax' that has stifled GP growth. This is a critical step toward the democratization of alternatives, proving that blockchain’s best use case remains the unglamorous but essential plumbing of global finance.
Companies in this story: Allfunds Blockchain, alchelyst
People in this story: Will Callaghan, Rubén Nieto