Hassan Maishera
On Wednesday, Polygon Labs announced via a blog post that Calastone, the global funds network that processes more than £250 billion in transactions each month, is launching its tokenized fund distribution solution on Polygon.
The integration brings institutional-scale fund distribution onchain, enabling asset managers to operate fund share classes directly on the blockchain while maintaining the administrative and compliance processes they already use.
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 (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. POL is up 0.9% in the last 24 hours and trades at $0.1744.
