Calastone stories
Faster digital payments are leaving fintech firms exposed as regulators and attackers pressure weak controls and resilience across the sector.
The move could lower settlement risk and speed up tokenised fund trades as asset managers seek regulated digital cash rails.
Tokenised access could widen distribution for investors in L&G’s liquidity funds, which manage more than GBP £50 billion and remain tradable conventionally.
Tokenised funds are forecast to surge from $4 billion in 2024 to $235 billion by 2029, driven by growing links between traditional asset management and DeFi platforms.
Calastone launches Tokenised Distribution, enabling asset managers to seamlessly tokenise funds for blockchain access, aiming for significant industry cost savings.
Calastone has revealed that tokenisation could save the asset management sector over USD $135 billion, significantly enhancing efficiency in fund operations.
Calastone welcomes Nick Parsons as its new Chief Technology Officer, a role in which he will direct global technology operations and development for the world's largest funds network.
Richard Kulkarni appointed VP, Asia Pacific for Seismic as the company expands operations in Australia and the Asia Pacific region.
Sales and marketing firm Seismic has made seven new hires in its Asia Pacific team, to support its growth and bring automation and insights to customers.
Asia's fund investors shifted towards shares in the first half of 2026, with bond funds sliding to net outflows of USD $3.1 billion.
Asian investors poured USD $28.2 billion into bond funds in 2025, making fixed income the region's anchor allocation amid volatility.
SS&C will acquire Calastone for £766 million, expanding its global fund technology network and boosting services in wealth and asset management.
