Global funds transaction network Calastone has appointed Dan Kramer as Vice Chairman, to be based in the firm’s New York office.
Calastone operates a transaction network for the mutual funds industry in the United Kingdom and internationally, with a mission of making funds accessible to everyone by reducing the frictional cost of trading.
Global funds transaction network Calastone has successfully launched its blockchain-enabled Distributed Market Infrastructure (DMI).
Calastone operates a transaction network for the mutual funds industry in the United Kingdom and internationally, with a mission of making funds accessible to everyone by reducing the frictional cost of trading.
Global funds transaction network Calastone claims that asset managers could save $2.7 billion a year if the investment industry switched to a blockchain infrastructure.
In a recent study, which surveyed 234 global mutual funds, Calastone measured the economic impact of blockchain and automation.
