British financial company Calastone has chosen Polygon for the distribution of its tokenized fund units.

According to Financefeeds, UK-based financial company Calastone has integrated its tokenized distribution solution with the Polygon blockchain, enabling institutions to conduct large-scale issuance and settlement of tokenized fund share classes through Polygon. Calastone processes over £250 billion in transaction value monthly, serving more than 4,500 financial institutions in 58 markets. The platform allows asset managers to convert any fund on their network into tokenized share classes without altering its structure, management, or service operations.