Calastone Makes Waves with Polygon: Tokenized Fund Distribution for 4,500 Institutions!

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Ah, Calastone, the grand maestro of fund distribution, the undisputed ruler of financial networks, is taking its tokenized wonders to the blockchain stage via none other than Polygon! What a revelation! 🌟

Let us summarize this glorious spectacle of technological wizardry:

  • Calastone, handling more than £250 billion in monthly transactions, dances its way onto Polygon, bringing tokenized fund distribution to life.
  • Targeting a crowd of 4,500 financial institutions across 58 markets – talk about reaching the masses, huh?
  • The cherry on top? Calastone now enjoys Polygon’s nearly-free fees and lightning-fast transactions. It’s like a sale on steroids! 💸

Calastone, the veritable titan of transactions, is now strutting its stuff with Polygon’s proof-of-stake blockchain, enabling an even grander performance in institutional fund distribution. Over 4,500 institutions will now bask in the glory of this blockchain-powered miracle across 58 markets. 🎭

And with a monthly transaction volume of £250 billion (yes, you read that correctly, BILLION), Calastone will be using Polygon’s powerful infrastructure to help move mountains of money around the globe. What could possibly go wrong? 😏

Now, by taking its solution on-chain, Calastone offers asset managers all the perks of blockchain – transparent transactions, automatic settlements, and the very real possibility that they can run their operations with fewer headaches and more profit. How quaint! 👑

“By launching tokenized fund share classes on Polygon, Calastone unlocks new pathways for both institutional and retail investors. Asset managers can reach digital-first investor pools globally, while blockchain transparency and automation simplify settlement and reconciliation across jurisdictions,” Polygon triumphantly declared in their latest blog post. Well, who’s not impressed? 💬

The real magic here? 4,500 institutions across 58 markets now get to enjoy faster settlements, lower costs, and programmable efficiency. This is like an all-you-can-eat buffet of financial benefits! 🍽️

Oh, and did I mention? This allows the grand old traditional capital markets to finally come on-chain! It’s like inviting grandma to the coolest party in town. 💃

Polygon, the platform that powers this revolution, boasts upgrades like Rio and Heimdall, pushing speeds to a mind-boggling 5,000 transactions per second. Instant finality! Just what Wall Street craved for all those years as they launched real-world assets on-chain and dreamed of institutional-grade payment solutions. 🏦💥

But wait, there’s more! Polygon Labs, the masterminds behind this miracle, aren’t just sitting pretty. They’ve recently worked their magic with platforms like Stripe, Manifold Trading, and NRW.BANK, because why stop at a mere 4,500 institutions when you can go global? 🌍

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2025-11-12 22:30