Calastone to Bring Mutual Funds Market Onto Blockchain in 2019

LONDON, Dec. 4, 2017 /PRNewswire/ Calastone, the global funds transaction network, today announces that the technology underpinning the core of Calastone’s global transaction network will be migrated onto a full blockchain-enabled infrastructure.   Calastone’s network connects more than 1,300 financial service organisations across 34 global markets processing over GBP80bn of trades and 7 million messages each month, making it the largest global fund transaction network. Calastone has transformed the funds sector, enabling frictionless trading by making it possible for all trading entities and counterparties to connect, interact, process and settle transactions digitally.  …

Read More