Calastone to Move Over 1,700 Companies to Blockchain
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Calastone to Move Over 1,700 Companies to Blockchain
Calastone, a fund transaction network operator, announced on Monday that it will be migrating its client base to the blockchain in May of next year. A statement released by the firm indicates that it is describing its new system as Distributed Market Infrastructure (DMI).
“The launch of our DMI marks an exciting step for the industry in accelerating the digitisation of the funds sector and is a significant achievement for Calastone,” said company CEO Julien Hammerson. “The migration of our global network is the culmination of years of hard work and continued investment in innovation.”
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