Calastone Taps Polygon for On-Chain Asset Movement

Calastone, a prominent global funds network, is making a significant stride in the realm of digital asset distribution by partnering with Polygon. Starting this Wednesday, Calastone’s Tokenized Fund Share Classes will be transactable and transferable on-chain, utilizing Polygon’s highly efficient and scalable blockchain network. This move represents a notable embrace of blockchain technology by traditional financial institutions seeking to enhance the transparency, efficiency, and accessibility of fund distribution. The integration underscores Polygon's growing appeal as a foundational layer for enterprise-grade applications in the financial sector, paving the way for further adoption of tokenized assets within the global funds industry.