Matt Setchell, Matt Ong, James Finch and James Lawrence
Smart Pension, tokenisation infrastructure provider Ctrl Alt, pension investment platform Mobius, and renewables investor Octopus Energy Generation have launched a coalition to explore the tokenisation of renewables for pension schemes.
The four firms said the Tokenised Renewable Assets Coalition (TRAC) will look into how blockchain-based tokenisation infrastructure can integrate with existing pension investment frameworks to reduce operational complexity, enhance liquidity and lower access costs.
They said the aim is to develop practical and compliant models that pension providers and wealth platforms can adopt to expand their investment options and deliver better outcomes.
Tokenisation is the process of digitising asset ownership – turning it into secure, easily tradeable tokens on a blockchain for faster, more efficient transfer. It also enables fractional ownership, opening up assets that were previously out of reach for most investors, including pension savers.
TRAC combines Ctrl Alt's structuring and tokenisation expertise, Mobius' investment and unitisation platform, Smart Pension's innovation in UK pensions, and Octopus Energy Generation's experience in mobilising institutional capital into renewables - looking for new ways to overcome barriers for pension providers allocating to these assets.
The grouping has also invited other participants to explore wider tokenisation opportunities.
Smart Pension director of investment proposition James Lawrence said: "We are proud to be one of the UK master trusts leading the way in technology and private markets investment, which we believe will help drive growth for the country's critical infrastructure and support our transition to a net-zero economy.
"This collaboration will lay the foundations to help us make the innovative investments to scale, as we look to achieve tokenised assets under management by the end of next year."
Mobius chief executive James Finch agreed: "UK pensions, renewable assets and tokenisation have a huge amount to offer each other. Working alongside these fellow innovators provides the opportunity to explore how this combination could deliver meaningful benefits to UK savers."
Ctrl Alt founder and chief executive Matt Ong added: "This coalition is an important first step in demonstrating how tokenisation can unlock access to previously hard-to-reach asset classes.
"By integrating our tokenisation infrastructure with a trusted investment platform, a UK master trust, and one of Europe's largest renewable energy investors, we aim to show how blockchain-based solutions can help pensions access new investment opportunities, enhance diversification and support government growth strategies."
Octopus Energy Generation funds business co-head Matt Setchell continued: "Renewables are destined to be tokenised, and I couldn't be prouder to be at the forefront of this – alongside industry trailblazers who, like us, have been driving disruption for years.
"Through this alliance, we'll be able to bring innovation into one of the next-gen markets and maximise savings for hard-working pensioners, all while building out a grid powered by cheap energy."
