Global Fund Network Calastone Launches Tokenized Fund Shares on Polygon

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Citing Bijiie, global fund network Calastone has launched tokenized fund share classes on the Polygon platform, enabling asset managers to distribute blockchain-based fund shares backed 1:1 by regulated units. The platform, which connects over 4,500 companies and processes £25 billion in assets monthly, aims to streamline settlement processes and reduce costs by leveraging Polygon's on-chain capital access infrastructure, without altering fund operations.

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