[ad_2][ad_1] The Carlyle Group has agreed to buy a majority stake in Calastone, a London-based company that uses blockchain technology to automate and digitize the mutual fund industry. Terms of the deal were not disclosed. Calastone applies distributed ledger technology, the concept behind the blockchain, to manage and automate various …
Read More »Investment fund Calastone Transfers the entire network to Blockchain in 2019
[ad_2][ad_1] Calastone, a network of investment fund transactions based in London, has announced that it is transferring the entire network into blockchain in May 2019 Calastone serves over 1,700 modules including JP Morgan Asset Management and Schroders Was announced this week Calastone, an investment fund based in London, will transfer …
Read More »The network of funds in the United Kingdom Calastone will move to the blockchain in 2019
[ad_2][ad_1] Calastone, a global network of funds based in London, has announced that in 2019 it will completely change the entire system for clearing the trade in funds up to the blockchain, Reuters reports. Switching to the blockchain is expected to transform current services using a shared ledger to automate …
Read More »Funds Network Calastone launches Blockchain settlements in 2019
[ad_2][ad_1] Calastone, the operator of a London-based investment network for investment funds, is trying to move the entire settlement system to a blockchain by May 2019. According to a Sunday Financial Times report, Calastone, which provides services to over 1,700 companies including JP Morgan Asset Management, estimates the plan could …
Read More »Calastone exchanges operations on mutual funds in blockchain
[ad_2][ad_1] Calastone is making a bold gamble on the power of the blockchain to transform fund management by moving more than 1,700 finance companies – for which it trades mutual funds – to the online ledger. The London technology group will complete the transition in May. It will be one …
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