NAV Fund Services was announced as Best Administrator – Digital Assets at the With Intelligence HFM Asia Services Awards 2025 in Hong Kong on July 3.

The With Intelligence HFM Asia Services Awards "recognize and reward hedge fund service providers who have demonstrated exceptional client service, innovative product development, and strong and sustainable business growth over the past 12 months."

"We're proud to have been recognized for our achievement in digital assets fund administration services," said NAV Assistant Vice President Utkarsh Sharma. "Our expertise and proprietary purpose-built technology have established us as the leader in the digital asset administration space, spanning emerging to institutional managers. NAV combines 30+ years of industry reputation, stability, and knowledgeable premium client services with the experience of a day one innovator in digital asset administration." 

NAV recently reached a key Assets Under Administration (AUA) growth milestone for digital assets funds, with $45+ billion in digital assets under administration. Partnering with 1,000+ global digital asset funds, NAV ranks as the industry's largest digital asset fund administrator across several metrics.

"We offer a range of cost-effective benefits to digital asset fund managers, including support for all digital asset strategies, fully automated DeFi solutions, 150+ exchange integrations and 200+ blockchain connections, detailed reporting and prompt delivery timelines, and fund administration solutions for innovative approaches like Web3 and tokenized funds," Sharma said.

The firm works with a range of major alternative asset fund clients throughout APAC and has multiple technology centers based in India. NAV established NAV Fund Services (Singapore) Pte. Ltd. in October 2020, NAV Fund Services (Australia) Pty. Ltd. in August 2021, and NAV Philippines in 2024, and is also authorized to provide fund administration services for funds domiciled in Hong Kong, Malaysia, and Thailand.

NAV was named Best Administrator – Digital Assets via a rigorous judging process, based on the views of a panel of leading hedge fund COOs, CFOs, CCOs, GCs, and CTOs charged with "recognizing service providers that drive up service standards across the sector and stand out from the crowd." With the Intelligence HFM Asia Services Awards, categories were developed in consultation with the sector to ensure they were representative of the broad and fast-moving nature of hedge fund services and solutions in the region.