London-based tradfi firm Calastone taps Fireblocks for new platform to tokenize any fund on its network
Quick Take Global funds network Calastone tapped Fireblocks to support a new tool enabling asset managers to tokenize any fund on its platform. The platform enables users to deploy Calastone smart contracts on blockchains including Ethereum and Polygon.
Global funds network Calastone is integrating Fireblocks’ blockchain infrastructure to support a new tool that will enable asset managers to tokenize any fund on its platform, according to an announcement on Monday.
“The integration enables connectivity with web3-native distributors while complementing Calastone’s core platform, which continues to manage key functions such as issuance, administration, and compliance workflows,” the firms wrote in a press release.
Fireblocks will provide the backbone of the system, which will enable users to deploy Calastone smart contracts on blockchains including Ethereum and Polygon. Ana Santillan, head of EMEA financial institutions at Fireblocks, called it a “textbook example” of how crypto removes friction.
The move comes amid a period of increasing institutional interest in tokenization, with major financial players like BlackRock and Janus Henderson taking strides into the sector, which could potentially revolutionize everything from private credit to government debt. There is currently $21.61 billion worth of total tokenized assets, including dollar-backed stablecoins, according to rwa.xyz.
“By working with Fireblocks, we are taking an important step toward connecting traditional finance with blockchain-native markets, preserving compliance, security and operational integrity, while unlocking access to a new generation of digital-first investors,” Calastone Chief Commercial Officer Brian Godins said.
London-based Calastone offers order routing, settlements and financial reporting services as well as support for mutual fund, money market fund and ETF transfers. Its network, created in 2007, connects over 4,500 financial organizations, including fund managers, asset servicers and distributors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
2025 TGE Survival Ranking: Who Will Rise to the Top and Who Will Fall? Complete Grading of 30+ New Tokens, AVICI Dominates S+
The article analyzes the TGE performance of multiple blockchain projects, evaluating project performance using three dimensions: current price versus all-time high, time span, and liquidity-to-market cap ratio. Projects are then categorized into five grades: S, A, B, C, and D. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.

Mars Finance | "Machi" increases long positions, profits exceed 10 million dollars, whale shorts 1,000 BTC
Russian households have invested 3.7 billion rubles in cryptocurrency derivatives, mainly dominated by a few large players. INTERPOL has listed cryptocurrency fraud as a global threat. Malicious Chrome extensions are stealing Solana funds. The UK has proposed new tax regulations for DeFi. Bitcoin surpasses $91,000. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively updated by the Mars AI model.

How much is ETH really worth? Hashed provides 10 different valuation methods in one go
After taking a weighted average, the fair price of ETH exceeds $4,700.

Dragonfly partner: Crypto has fallen into financial cynicism, and those valuing public blockchains with PE ratios have already lost
People tend to overestimate what can happen in two years, but underestimate what can happen in ten years.

