Calastone, a transactions network for the mutual funds industry, has now moved to its own blockchain-based settlement system.
A Credit Suisse subsidiary has completed a blockchain trial for fund transactions, concluding the tech offers "considerable benefits."
Calastone, the U.K.-based operator of a transactions network for investment funds, is moving settlement to a blockchain by May 2019
Shifting to a distributed, blockchain-based infrastructure could bring huge financial benefits to the asset management industry, research indicates.
The Nasdaq stock exchange and Sweden's SEB bank will work together on trial of a blockchain platform for mutual fund trading.
A previously announced asset manager consortium is moving slowly to market with a blockchain technology solution.
In a new Op-Ed, CoinDesk contributor Sid Kalla discusses opportunities for buy-side firms in the blockchain industry.