Kingsley Advani

Last updated
Kingsley Advani
Alma materUniversity of Melbourne, London School of Economics, Stanford University
Occupation(s)CEO & Founder of Allocations, CEO & Founder of Allo.
AwardsMiami: “30 Under 30 Local” Entrepreneur Middle East’s “The 100”


Kingsley Advani is a British-born investor and entrepreneur. He is the founder and CEO of Allocations, a financial technology company for private investment funds, and of Allo, a platform for tokenized stocks and real-world assets. [1] [2] He relocated from the United Kingdom to Dubai, citing tax and business conditions as reasons for the move. [3]

Contents

Early life and education

Kingsley Advani was born in the United Kingdom. He studied Finance and Economics at the University of Melbourne, completed a program in Finance, Exchange, and Alternative Investments at the London School of Economics, and also studied Data Mining at Stanford University. [4]

Career

Advani began investing in blockchain projects at an early age, including Ethereum, Solana, and Coinbase. Reports state that he invested $34,000 in bitcoin and cryptocurrency startups during the 2017 cryptocurrency market increase. [5] [6]

In 2019, he founded Allocations, a financial technology company that provides fund administration software for special purpose vehicles (SPV) and private funds. Allocations raised US$4 million at a valuation of US$100 million in 2021, enabling smaller private equity funds. [1] [7]

In 2024, VentureBeat reported that Allocations had reached US$2 billion in assets under administration (AUA) and described it as an AI-powered investing platform tied to rising demand for alternative assets. [8] In 2025, Allocations facilitated a US$25.6 million investment across six vehicles into the world’s largest public BNB treasury company as described by Fintech Finance News [9] .

In 2023, Kingsley Advani launched Allo, a platform for the tokenization of real-world assets (RWAs). It has been reported to enable trading of tokenized equities, real estate, and commodities. [5] In December 2024, Allo secured a US$100 million Bitcoin-backed credit facility through lenders including Greengage and a U.S. financial institution. [2] [10]

In September 2025, Fintech Finance News reported the Allo integrated with Sui Blockchain to allow tokenized stock trading. [11]

Recognition

In 2023, Forbes listed Advani in its inaugural Miami:“30 Under 30 Local” cohort. [12] He was also included in Entrepreneur Middle East’s “The 100” in December 2024. [13]

References

  1. 1 2 Wilhelm, Alex (2021-08-05). "Allocations sees a world where myriad, smaller private equity funds are the norm". TechCrunch. Retrieved 2025-09-14.
  2. 1 2 FinSMEs (2024-12-24). "Allo Secures $100M in Debt Financing". FinSMEs. Retrieved 2025-09-14.
  3. ↑ Nair, Deepthi. "Family offices mushroom in the UAE as tax benefits and pro-crypto policies draw wealthy". The National. Retrieved 2025-09-14.
  4. ↑ "Fortune and hard work favour the young in Kingsley Advani's case". The CEO Magazine. Retrieved 2025-09-14.
  5. 1 2 gulftoday (2025-08-19). "Kingsley Advani: Engineering the next $10 trillion market through tokenization". gulftoday. Retrieved 2025-09-14.
  6. ↑ Robinson, Melia. "This 24-year-old said he quit his job after making a fortune in bitcoin and other cryptocurrencies — here's how he did it". Business Insider. Retrieved 2025-09-14.
  7. ↑ "Allocations raises $5M in funding and reaches $1B in assets on its investment platform - Refresh Miami". 2022-09-17. Retrieved 2025-09-14.
  8. ↑ Nuñez, Michael (2024-02-22). "Allocations, AI-powered investing platform, tops $2 billion as alternative asset demand booms". VentureBeat. Archived from the original on 2025-07-30. Retrieved 2025-09-14.
  9. ↑ Towner, Lauren (2025-08-12). "Allocations Facilitates $25.6M Investment via Six Vehicles for Multiple Fund Managers into World's Largest Public BNB Treasury Company". FF News | Fintech Finance. Retrieved 2025-09-14.
  10. ↑ "Allo Secures $100MM in Debt Financing to Expand Bitcoin-Backed Lending Platform - ABF Journal". 2024-12-26. Retrieved 2025-09-14.
  11. ↑ Sow, Dominic (2025-09-07). "Tokenized Stock Trading Comes to Sui for First Time with Allo Integration". FF News | Fintech Finance. Retrieved 2025-09-14.
  12. ↑ Team, Forbes Under 30. "30 Under 30 Local 2023: Miami". Forbes. Retrieved 2025-09-14.{{cite web}}: CS1 maint: numeric names: authors list (link)
  13. ↑ Staff, Entrepreneur Middle East (2024-12-20). "The 100: Kingsley Advani, Businessman | Investor". Entrepreneur. Retrieved 2025-09-14.
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