According to Financefeeds, UK financial firm Calastone has integrated its tokenized distribution solution with the Polygon blockchain, enabling institutions to conduct large-scale issuance and settlement of tokenized fund share categories through Polygon. Calastone processes over £250 billion in transaction value per month and serves over 4,500 Financial Institution Groups across 58 markets. The platform enables asset managers to convert any fund on their network into a tokenized share category...
Global fund distribution network Calastone has integrated its tokenized distribution solution with the Polygon blockchain network, enabling institutional-scale fund distribution to run on-chain. The integration enables fund share classes to run directly on Polygon's infrastructure, resulting in shorter settlement times and lower operating costs for asset managers.