Calastone has called on the asset management industry to look at tokenisation as a way to support the digital transformation of funds.
In its white paper Practically Applying Tokenisation in Asset Management, the company argued the structure of mutual funds - which will turn 100 next year - has hardly changed since it was first launched, bringing along "old fashioned elements that inhibit the ability of fund managers to innovate at speed". Investment Association calls for approval of blockchain-traded funds Calastone chief technology officer Adam Belding said the digital transformation of the sector has the power to overcome these legacies, and with experimental tokenised products coming to market, more conversation ...
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