Calastone Integrates Polygon to Speed Tokenized Fund Distribution
Calastone announced a partnership with Polygon to pilot tokenized fund distribution on Polygon's scalable blockchain, bringing distributed-ledger settlement and automated reconciliation into its global distribution network. The integration targets the operational pain points asset managers face—slower settlements, manual reconciliation and higher cross-border costs—by leveraging Polygon's lower fees and throughput to move tokenized fund instructions more efficiently.
The collaboration matters because it pairs a long-established fund distribution platform with a Layer-2 network increasingly used for institutional tokenization, potentially accelerating adoption of digital fund rails. For asset managers and distributors, expected benefits include faster time-to-market for tokenized products, reduced operational risk and simpler cross-border flows. Market participants will watch for pilot results and regulatory responses, while Polygon’s MATIC token stays relevant as the network's native gas currency for transactions tied to the deployment.