Calastone launches tokenized fund distribution on Polygon to 4,500 institutions
On 12 November 2025 Calastone announced an integration with the proof-of-stake Polygon network to deliver tokenized fund distribution to some 4,500 institutional participants across 58 markets. The move lets fund managers and custodians issue and distribute tokenized fund shares on-chain while retaining back-office connectivity to existing institutional plumbing. Calastone says the setup targets faster settlement cycles, reduced reconciliation work and lower transaction costs compared with legacy rails.
The partnership is significant for institutional crypto adoption because it pairs Calastone’s market reach with Polygon’s scalable layer-2 infrastructure, potentially increasing demand for on-chain fund services and utility for Matic. Market participants will be watching for how custody, compliance and reporting workflows are handled at scale, and whether other fund distribution networks follow suit. For Polygon, the deal is another proof point in its push to host institutional tokenization use cases.