Calastone, the world’s largest fund exchange network, today announced a partnership with Schroder to explore the potential of a tokenized investment vehicle for open companies (SCV). This partnership follows Calastone’s multi-year investment in distributed ledger technology (DLT) and cryptography, with the ultimate goal of creating and distributing tokenized investment vehicles through infrastructure. Calastone’s DLT marketplace. .

Digitizing core activities of collective investment programs is transforming value chains and creating more value for investors by reducing costs and laying the foundation for flexible investment products better and more relevant to the digital experiences consumers find in other markets.

“We have been using DLT for many years and are exploring different types of DLT while looking for applications where it can add real value. The tokenization of fund shares will not bring the transformation sought by the industry. However, managing collective investments on a native DLT platform and applying DLT and tokenization at all levels of the fund, from trading to distribution to administration, is a much more fundamental transformation.

Our work with Schroders clearly demonstrates that this future could be much closer than some imagine. We believe that when used appropriately, DLT is a powerful platform for sourcing, managing, securing, and distributing tokenized assets that will help unlock significant improvements in operational efficiency. and product innovation.

Adam Belding, CTO of Calastone.

“We are living in an era of transformation where distributed ledger technology will redefine finance and contribute to a positive impact on asset management. At Schroders, we understand the vital role that tokenization and digital assets can play in modern economic arrangements, and we are honored to partner with Calastone to help advance the digital asset ecosystem. We look forward to collaborating with a range of industry players to bring this pioneering technology to market and usher in an era of exciting possibilities.

Peter Hilborne, COO of Schroders.