Calastone makes switch to blockchain
The technology underpinning Calastone’s network has now been migrated to a blockchain-enabled market infrastructure.
The migration of Calastone’s global network of more than 1800 customers across 41 markets is a world-first and represents the largest community of global financial services organisations connecting and transacting via distributed ledger technology.
It involves more than 17 fund managers, two registries and six platforms in New Zealand.
Acting head of Calastone Australia and New Zealand Ross Fox says that Calastone is having many exciting discussions with industry participants across the region’s managed funds trading and settlement chains about enhancements enabled by blockchain. More details will be shared as these explorations progress.
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