The private asset market now has a new operational infrastructure.
ClubDeal Digital announces its evolution into Weltix, introducing to the market the first “Private Assets Operating System.”
This is a fully regulated, end-to-end FinTech solution designed to digitalize and streamline the entire private investment value chain.

A unified solution for private assets

Thanks to three regulatory authorizations — Consob, the Bank of Italy, and MIMIT — Weltix integrates, within a single architecture, all processes related to the issuance, placement, custody, governance, and taxation of private assets.
This provides banks, intermediaries, institutional investors, and companies with a scalable, compliant, end-to-end operating model.

Weltix is not simply another digital platform — it is the infrastructure that connects all players across the private assets ecosystem, enabling the digitalization of processes and the secure circulation of financial instruments.

A focus on strategic value

With a “compliant by design” approach, Weltix introduces a new level of efficiency in the management of shares, units, minibonds, securitized instruments, and employee share plans, integrating fiduciary and tax processes in a fully automated environment.
This allows industry operators to focus on the strategic value of their work, while Weltix manages operational complexity.

In a market still fragmented and largely analog, the Weltix infrastructure makes private asset management scalable and interoperable, thanks to a field-tested technology supporting today more than 110 issuing companies across 7 geographies — Europe, North America, and Asia — overseeing the assets of over 16,000 private and institutional clients.

Article on: Wall Street Italia

From ClubDeal Digital comes Weltix, the first regulated “Private Assets Operating System” in Italy.

After the official launch, Pietro Maria Stellino explains how it will transform the work of bankers and advisors.

ClubDeal Digital evolves into Weltix, the first regulated Private Assets Operating System that brings private asset management to a new level of digitalization, transparency, and efficiency.
Thanks to its three authorizations—Consob, the Bank of Italy, and MIMIT—Weltix integrates all processes related to issuance, placement, custody, governance, and taxation of private assets into a single architecture, offering banks, intermediaries, institutional investors, and companies a scalable and fully compliant end-to-end model.

Weltix is not simply another digital platform.
It is the infrastructure connecting all players in the private asset value chain, enabling process digitalization and the secure, traceable circulation of financial instruments.

As explained by Antonio Chiarello, Founder & CEO of Weltix:

“We’re not building another platform — we’re building the operating system that supports new service models in private asset management.
Weltix is where compliance, technology, and execution come together: an infrastructure that allows banks and intermediaries to turn the promise of private assets into reality.”

On the same line, Roberto Ferrari, President of Weltix, added:

“With Weltix, private asset management finally becomes simple, transparent, and traceable.
It’s a unique step forward for the Italian fintech ecosystem, bringing innovation and trust to the real economy.”

“Bringing order to the world of Private Assets”

Pietro Maria Stellino, Senior Relationship Manager, Weltix Spa

After the rebranding and official launch, Pietro Maria Stellino — Senior Relationship Manager at Weltix — discusses the operational impact of the infrastructure on bankers, advisors, and private banking networks.

With a practical, day-to-day perspective, Stellino explains how Weltix aims to bring order to a still-fragmented sector, making the work of professionals smoother and the management of real-economy investments more efficient.

The private asset market is expanding quickly — but still perceived as difficult to manage. Where is the real obstacle today for bankers and advisors?

Today the challenge is not finding good opportunities in private assets, but managing them smoothly, compliantly, and efficiently while maximizing returns.
Anyone working in a bank or network knows what this entails: non-standardized documentation, long evaluation and subscription processes, unclear taxation, inconsistent information flows, and a complex after-sales phase.
All this slows down execution and reduces the time available for client service.

How does Weltix address this complexity?

Our role is to make access to private assets simple, traceable, and secure.

We are not talking about “just another platform,” but about a regulated infrastructure that integrates every step of the process—from issuance and placement to fiduciary custody and taxation—into a single environment.Weltix can become a tool in the hands of bankers, or an infrastructure supporting the bank in building or rethinking service models.In both cases, it enables full lifecycle management of the instrument — from subscription to corporate actions — in a transparent and frictionless way.

How does it change the day-to-day work of bankers or private advisors?

A great deal. Clear, digitalized workflows mean fewer errors, less bureaucracy, and more time for high-value advisory.
Advisors can offer clients new investment opportunities on specific transactions—not only funds—while retaining full oversight of the underlying asset and maintaining complete traceability of cash flows, taxation, and regulatory compliance.

Weltix’s recent authorization as a DLT Registry Operator represents a major step forward in this direction.What impact does it have on financial advisors?

It’s a step toward the future.
Thanks to technology and a favorable regulatory framework, we can dematerialize — through blockchain — financial instruments issued by unlisted companies, such as equity and bonds, reducing issuance costs and making their circulation more efficient.

For advisors, it means relying on a regulated infrastructure that automates the technical burden and increases the liquidity of private assets, giving them more freedom to focus on relationships, trust, and value creation for their clients.

What message would you like to leave to the world of private banking and advisory networks?

Today, bankers need tools that help them serve their clients better — not systems that complicate their lives.
Weltix was created precisely for this: combining the solidity of an infrastructure authorized and supervised by Consob, the Bank of Italy, and MIMIT with the simplicity of a digital platform.Integrating private assets into operational workflows efficiently and securely will no longer be a headache:
our job is to build solutions that genuinely work — in practice.

Original article published on We Wealth: “Weltix, the new fintech infrastructure simplifying the management of private assets.” By Chiara Samorì.

The company brings together, in a single architecture, all processes related to the issuance, placement, custody, governance, and taxation of private assets, offering banks, intermediaries, institutional investors, and companies a fully compliant and scalable end-to-end operating model.

ClubDeal Digital is evolving and rebranding as Weltix, marking the launch of the first Private Assets Operating System—a regulated FinTech infrastructure enabling transparent, efficient, and fully digital private asset management (as stated in the official press release).

The subsidiary ClubDeal Spa, a fintech platform simplifying private asset management founded by CEO Antonio Chiarello, integrates—thanks to its three regulatory authorizations from Consob, the Bank of Italy, and MIMIT (Ministry for Business and Made in Italy)—all processes related to issuance, placement, custody, governance, and taxation of private assets into a single unified system.
This provides banks, intermediaries, institutional investors, and companies with a scalable, fully compliant operating model.

Weltix is not just another digital platform.
It is the infrastructure that connects every player in the private assets value chain, enabling the digitalization of processes and the secure circulation of financial instruments.
In practice, Weltix introduces a new level of efficiency in the management of shares, units, minibonds, securitized instruments, and employee share plans, integrating fiduciary and tax workflows in a fully automated way. Operators can concentrate on the strategic value of their work while Weltix manages operational complexity.

Weltix operates through a proprietary technological platform that already supports over 110 issuing companies across seven geographies—Europe, North America, and Asia—managing the assets of more than 16,000 private and institutional clients.
The platform covers multiple business lines: digital issuance and DLT registry services; regulated placement (Reg. EU 2020/1503); and integrated fiduciary and tax custody.

“We’re not building another platform—we’re building the operating system that supports new service models for private asset management.
Weltix is where compliance, technology, and execution meet—an infrastructure that enables banks and intermediaries to turn the promise of private assets into reality.”
Antonio Chiarello, Founder & CEO of Weltix Spa

Roberto Ferrari, President of Weltix, added:

“With Weltix, private asset management finally becomes simple, transparent, and traceable.
It is a concrete step forward in bringing innovation and trust to the real economy.”

Last September, ClubDeal announced the launch of its share tokenization initiative, making it the first Italian company to transform its share capital into financial instruments registered on a public blockchain, fully equivalent to traditional securities (see BeBeez).
The tokenized shares are recorded in the digital register managed directly by ClubDeal Spa in its role as DLT Registry Operator, as defined by the 2023 FinTech Decree.

Last July, ClubDeal obtained authorization to act as DLT registry service provider for the circulation of digital financial instruments (see press release).
The new license allows ClubDeal Digital to manage the issuance, registration, and transfer of tokenized financial instruments using blockchain technology, leveraging its platform which already includes digital onboarding, AML/KYC compliance, and fiduciary administration services.
It is worth recalling that ClubDeal Spa is the parent company of Weltix, as well as of the ClubDealOnline.comcrowdfunding platform, dedicated to HNWIs, family offices, and institutional investors in private assets.

Founded in 2017, ClubDeal Spa remains controlled by founder Antonio Chiarello (formerly Chief Investment Officer of Neva Finventures of Intesa Sanpaolo and key contributor to the launch of the Neva First fund). Over the years, several investors have joined the company.
The most recent round—announced in October 2023—involved €1.5 million, subscribed by the Fondo Rilancio Startup, managed by CDP Venture Capital SGR, along with other notable investors.
The operation valued the company at €18 million and was executed through convertible participating financial instruments.

Article on BeBeez

For the first time, an Italian company has tokenized its own shares on a public blockchain, taking advantage of the framework introduced in 2023 with the FinTech Decree.
The tokenized shares are fully equivalent, from a legal standpoint, to traditional paper-based instruments.

Weltix S.p.A.—a Consob- and Bank of Italy-authorized fintech platform simplifying private asset management—announces the launch of its share tokenization process, becoming the first Italian company to transform its share capital into financial instruments registered on a public blockchain and fully recognized as traditional securities.

The tokenized shares will be recorded in the digital register managed directly by Weltix in its role as DLT Registry Operator, in accordance with the FinTech Decree (D.L. 25/2023).

The tokenization of Weltix S.p.A.’s shares was carried out using a technological infrastructure developed with partner BlockInvest, based on the Polygon PoS public blockchain.

This infrastructure makes it possible to:

• Assign full legal value to the tokenized asset, replacing traditional paper-based formats under current regulations.
• Ensure transparency and immutability of corporate record-keeping.
• Simplify the management of the shareholder base, with secure and traceable digital transfers.
• Reduce the number of intermediaries required for the issuance and transfer of financial instruments.

This marks an important step forward for the future of the private markets: much like the transition from paper certificates to dematerialized securities, this new paradigm represents an evolution in how all market participants can interact with financial instruments—unlocking benefits across the entire value chain.

The tokenization of Weltix’s shares is the first practical application of the new service launched by Weltix last July for blockchain-based private asset management.
The service is designed primarily for banks, asset management companies (SGR), investment firms (SIM), and institutional investors, and leverages blockchain technology for the issuance, registration, and transfer of tokenized financial instruments—including company shares, corporate bonds and notes, participatory financial instruments, and securitized products.

The regulated infrastructure redefining the digital management of private assets

ClubDeal Digital evolves into WELTIX, marking the launch of the first “Private Assets Operating System”:
a regulated FinTech infrastructure that enables a fully digital, transparent, and efficient management of private assets.

Thanks to its three regulatory authorizations—Consob, the Bank of Italy, and MIMIT—Weltix brings together in a single architecture all processes related to the issuance, placement, custody, governance, and taxation of private assets.
This integrated model offers banks, intermediaries, institutional investors, and companies a scalable, compliant, end-to-end operating system.

Weltix is not just another digital platform.
It is the underlying infrastructure that connects every player in the private assets value chain, enabling process digitalization and the secure circulation of financial instruments.

With a “compliant by design” approach, Weltix brings new levels of efficiency to the management of shares, units, minibonds, securitized products, and employee share ownership plans, integrating fiduciary and tax workflows in a fully automated environment.
This allows operators to focus on the strategic value of their work, while Weltix handles operational complexity.

In a market that is still fragmented and largely analog, Weltix’s infrastructure makes private asset management scalable and interoperable, powered by a technology already tested in the field.
Today, this technology supports over 110 issuing companies across 7 geographies—Europe, North America, and Asia—managing the assets of more than 16,000 private and institutional clients.

Weltix is among the first companies to receive Consob authorization to operate as a DLT registry operator for the circulation of digital financial instruments, as established under DL 25/2023 (FinTech Decree).

The new service—designed primarily for banks, asset management companies (SGR), investment firms (SIM) and other institutional investors—uses blockchain technology for the issuance, registration, and transfer of tokenized financial instruments.

Weltix S.p.A., an Italian fintech specialized in digital private asset management from issuance to exit, expands its offering with new tools aimed mainly at institutional operators such as banks, SIMs, and SGRs.
The new license enables Weltix to manage the issuance, registration, and transfer of digital financial instruments using blockchain technology through its own platform, which already integrates digital onboarding, AML/KYC compliance, and fiduciary administration services.

The company obtained Consob authorization to operate as a DLT registry service provider for the circulation of digital financial instruments under the FinTech Decree of 17 March 2023, No. 25.

The first applications will focus on the issuance and management of minibonds, securitized instruments, and other structured financial products issued by SMEs and handled by institutional operators.
DLT technology will simplify transfers, improve transparency, and reduce operational inefficiencies.

This authorization marks a major milestone in Weltix’s growth path and strengthens its mission to build a reliable, end-to-end digital infrastructure dedicated to private assets and fully compliant with current regulations.

The law firm Lexia Avvocati supported Weltix throughout the authorization process, while the DLT infrastructure was developed in collaboration with BlockInvest, a leading provider of tokenization and blockchain solutions for the financial market.

In collaboration with Uptevia—a company created through a partnership between BNP Paribas and Caceis Bank—Weltix is launching, for the first time, a dedicated service for the tax management of Employee Stock Ownership Plans (ESOP) and Employee Share Ownership Plans (PAD) for Italian employees of companies based abroad.

The first concrete application of the partnership involves supporting share ownership plans for over 12,000 Italian employees of major French companies (CAC40) served by Uptevia.

Encouraging widespread share ownership and enabling employees to become shareholders of the companies they work for is a well-established international practice.
According to the latest Annual Economic Survey of Employee Share Ownership in European Countries by the European Federation of Employee Share Ownership, in 2023 90% of large European companies adopted employee share ownership plans. Italy lags behind (around 220,000 employees have participated), but several major global companies with operations in Italy have begun implementing such plans.

Weltix—an investment wealth-tech platform covering private assets from issuance to exit—has chosen to enter this market segment and launch a new service dedicated to the tax administration of ESOP and PAD plans for Italian employees of foreign companies, leveraging its digital platform and fiduciary expertise.

The service is offered in collaboration with Uptevia, a leading French firm born from the integration of the Corporate Trust Services of BNP Paribas and Caceis Bank, and is delivered through Weltix Fiduciaria, Italy’s first fully digital fiduciary company and part of the Weltix platform.

The goal of the new service is to remove bureaucratic barriers and simplify the tax management of employee share ownership plans—one of the main obstacles limiting their adoption in Italy.
Starting in January 2025, Italian employees of foreign companies enrolled in their employer’s share ownership plans will gain access to a fully digital, automated, and secure system for handling plan allocations, sales, and dividend distribution, ensuring compliance with Italian rules for capital gains, dividend taxation, and stamp duty.To date, the service has already involved more than 12,000 Italian employees of major international corporations, long-standing Uptevia clients.

Thanks to the close collaboration with Uptevia, an integrated solution is now available featuring:

• Fast, scalable digital onboarding through SPID/CIE or video identification, enabling large volumes of enrollments without friction.
• Qualified electronic signatures and advanced fiduciary management, ensuring every operation is handled in a fully regulated, secure digital environment.
• Automated tax management, including automatic withholding on share sales, taxation on dividends, and management of stamp duty—fully compliant with Italian law.
• Transparent, detailed reporting, granting full visibility over every transaction through intuitive digital dashboards for both companies and employees.

This blend of technology and compliance transforms a traditionally complex process into a smooth, secure, and accessible experience for all employees—even the least digitally savvy.

Weltix Spa, a pioneer in the placement of technology companies, has announced that it has obtained new authorization from the Italian National Securities and Exchange Commission (Consob) to operate under EU Regulation 2020/1503.
This milestone was achieved thanks to the proven expertise of Weltix Spa’s internal team—without the use of external legal support.

Weltix Spa, authorized by Consob to operate on the Italian market through its placement platform since 2017, primarily serves family offices, HNWIs, business angels, and private banks.
Its capital-raising activities focus on a careful selection of innovative scaleups and Italian SMEs. Companies presented to date include D-Orbit, Wearable Robotics, Bcode, and Kampos.

Obtaining this authorization marks a crucial step toward facilitating access to and management of alternative investments through advanced technological solutions.

Through its digital platform, Weltix Spa stands out for delivering a unique and personalized private investment experience—combining innovation and reliability—to make alternative investments more accessible and manageable through fully digital, next-generation tools.

The founder of Weltix Spa, Antonio Chiarello, becomes the company’s new Chief Executive Officer

Antonio Chiarello has been appointed Chief Executive Officer of Weltix Spa. He leaves the Intesa Sanpaolo Group—where he contributed to the launch of Neva SGR, a venture capital management company, and the creation of the Neva First funds—to dedicate himself fully to Weltix Spa, which he founded in 2016.

His more than 25 years of experience in alternative investments include senior roles not only at Neva SGR but also at leading institutions such as Marzotto Sim, where he served as CEO; UBS Alternative Investments SGR, where he was General Manager; and Antirion SGR (now Colliers SGR), which he founded and led as CEO.

His return to the helm comes at a pivotal time for the growth of the private market in Italy—a market that has matured and is expanding rapidly. In the first half of 2023 alone, total fundraising reached €2 billion (+16% compared to the same period in 2022, according to Aifi).
This evolution reflects shifting needs among all market participants: investors, companies, and the many professionals involved in structuring and executing club deal transactions—lawyers, accountants, tax advisors, notaries, and banks.

Through its digital platform, Weltix streamlines every step of investment and real-asset portfolio management for private and institutional investors.
By accessing Weltix, users can benefit from:

• the full suite of services offered by the placement platform
• all the services of the first 100% online fiduciary company authorized by the Italian Ministry of Business and Made in Italy (MIMIT)

additional advanced, highly technical services designed specifically for professionals such as private equity and venture capital managers

The new CEO succeeds Roberto Ferrari, who will remain actively involved as President of Weltix Spa and continue contributing to the company’s strategic development.
With this leadership transition, Weltix is preparing to face new challenges and seize new opportunities in a constantly evolving market, while maintaining its commitment to innovation and excellence in the services provided to its clients.

The Rilancio Startup Fund, managed by CDP Venture Capital Sgr, has recently completed a €500,000 investment in the share capital of Weltix Spa.

The operation is part of a broader fundraising round launched by Weltix, which reached €1.5 million and included the entry of several notable investors—among them business angel Giacinto D’Onofrio, who brings over 15 years of venture capital experience as Partner and Principal at Trilantic Europe.
CDP’s investment, which values the company at €18 million, was carried out through the subscription of convertible participating financial instruments.

The Rilancio Startup Fund was created to support the growth and relaunch of innovative Italian startups and SMEs, helping boost the entrepreneurial ecosystem and the country’s economic recovery.

Who Weltix Spa is for

Weltix Spa serves companies and investors, as well as the many professionals involved in structuring and completing club deal transactions—lawyers, accountants, tax advisors, notaries, and banks.
Weltix provides access to all services of its proprietary placement platform (authorized by Consob for public solicitation of savings) and those of Weltix Fiduciaria, the first 100% online fiduciary company authorized by the Italian Ministry of Economic Development (MISE).

Weltix is a digital platform designed for private assets investments—flexible, efficient, technologically advanced, and fully compliant with regulations governing public fundraising. It simplifies every stage of the investment and asset management process for both institutional and private investors.

Over the past 12 months, Weltix Spa and its digital services ecosystem have reached several important milestones:

• It formed new partnerships with Angels for Impact (A4I) and Angels for Women (A4W)—two Italian business angel associations active particularly in early-stage financing. Thanks to these partnerships, members of both associations will now access Weltix Fiduciaria services, adding to existing collaborations with IAG and LA4G.
• Through its placement platform, Weltix successfully managed the fundraising round for Wearable Robotics, an Italian company recognized internationally in the exoskeleton and wearable robotics sector, raising over €2.5 million.
• Still on Weltix, it handled the capital raise for Bcode, a startup and spin-off of Politecnico di Milano operating in Web3. A total of €2 million was raised, with an average investment of €65,000 per subscriber.
• Weltix launched a strategic partnership with Bcode to develop a technological infrastructure based on blockchain that supports the issuance, negotiation, and management of tokenized financial instruments, aligned with the new regulatory framework created by Italy’s Fintech Decree.

The investment operation for the Rilancio Startup Fund was led by Valentina Siclari, Fund Manager, and Gianluca Sansone, Investment Manager.

Curtis Law Firm assisted CDP Venture Capital SGR S.p.A. with a team composed of Partner Carmine Gravina and Federico Romano, International Corporate Trainee.

For Weltix Spa, the operation was managed entirely by an internal team consisting of:
Silvia Rizzuti, Head of Legal & Compliance; Angela Lo Pinto, Head of Origination; Barbara Bertelè, Head of Marketing; Martino Testa, Senior Analyst Origination.

Notarial profiles were handled by Giovannella Condò, co-founder of Milano Notai.