Calastone Launches Tokenized Fund Distribution on Polygon, Bringing 4,500 Institutions Onchain
The live rollout lets asset managers issue tokenized fund share classes on a public blockchain without changing existing compliance workflows.
Overview
- Calastone’s Tokenised Distribution is now live on Polygon, targeting firms across 58 markets in its global network.
- Calastone says it processes more than £250 billion in transactions each month across its funds-distribution platform.
- Polygon’s recent Rio and Heimdall upgrades support sub-cent fees, near-instant finality, and speeds up to 5,000 transactions per second.
- The integration promises faster settlement, lower operating costs, and programmable automation for asset managers and distributors.
- Expanded features and further network integrations are planned through 2025, with the move presented as a step toward public-chain infrastructure for capital markets.