Calastone, the leading global funds distribution network, has announced the integration of its tokenized fund distribution solution with Polygon. This move will allow over 4,500 financial institutions in 58 markets to benefit from faster settlements, reduced costs, and enhanced programmable efficiency. Calastone processes more than £250 billion in transactions monthly, and this integration is set to leverage Polygon's infrastructure to facilitate global money movement.
The collaboration with Polygon, known for its sub-cent fees and near-instant transaction finality, is expected to enhance Calastone's network capabilities. This development marks a significant step in expanding the adoption and growth of blockchain technology within the financial sector.
Calastone Integrates Tokenized Fund Distribution with Polygon
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