Polygon announced today that Calastone, the global funds network, has integrated its tokenised distribution solution with the Ethereum Layer 2 scaling network.
The integration enables Calastone’s blockchain-based fund distribution platform to operate on Polygon’s infrastructure, supporting institutional-grade, on-chain fund operations.
Polygon and Calastone Join Forces
According to the official press release shared with CryptoPotato, Calastone’s Tokenised Distribution allows fund share classes to function directly on-chain and reduce settlement times as well as operational costs for asset managers while retaining existing administrative workflows.
Polygon’s network will facilitate high-volume institutional operations across Calastone’s network, which spans 4,500 financial institutions in 58 markets. Polygon’s infrastructure has previously been used in tokenization pilots with firms including BlackRock and several major real estate partners.
The integration represents one of
We współpracy z: https://cryptopotato.com/calastone-taps-polygon-to-launch-tokenized-fund-share-classes/
