SS&C targets digital cash settlement using stablecoins
SS&C Technologies Holdings, Inc. Announced plans to add digital cash settlement to tokenised investment transactions. The Windsor, Connecticut-based group will support regulated digital cash, including stablecoins and tokenised commercial bank deposits.
The company made the announcement after launching live tokenised fund issuance and distribution capabilities earlier in 2026. That rollout followed SS&C’s acquisition of Calastone in 2025.
Through the combined SS&C and Calastone setup, asset managers can bring tokenised versions of traditional investment funds to market. They can use infrastructure and connectivity they already use in existing fund operations.
Calastone acquisition in 2025
Nick Wright, general manager of SS&C Global Investor & Distribution Solutions, said tokenised funds are becoming a mainstream structure alongside mutual funds and ETFs.
According to SS&C, investor demand is moving beyond tokenisation alone. The market now wants transaction infrastructure that can support digital investment products in production.
The planned settlement tools are designed to support future atomic settlement. As a result, SS&C expects lower settlement risk, better operational efficiency and simpler cross-border investment transactions.
Eligible funds across the combined SS&C and Calastone ecosystem would be able to transact and settle with digital forms of cash. That pathway links issuance, distribution, transactions and settlement more closely.
Wright said, “Today’s announcement represents another step in helping clients make that transition, building on our live tokenized fund issuance and distribution capabilities with the digital cash settlement infrastructure needed to support the next stage of market adoption.”
After the Calastone deal in 2025, SS&C continued to invest in digital innovation. Wright also pointed to the scale, resilience and connectivity that clients already rely on across the business.
SS&C trades on Nasdaq under the ticker SSNC. The latest plan extends the practical use of tokenised investment products as digital markets develop.
