PANews reported on November 13th that, according to The Block, global fund network Calastone has once again selected Polygon as its tokenization technology partner. Starting Wednesday, asset management firms can distribute Calastone's tokenized fund share classes on the Polygon network. Simon Keefe, Head of Digital Solutions at Calastone, stated that the market craves more efficient and transparent infrastructure, and blockchain is ready for large-scale application; with Polygon, its tokenization issuance platform can seamlessly integrate into the on-chain ecosystem, combining a global network with the efficiency of blockchain to simplify the fund issuance process. Tokenized fund share classes are a digital form of traditional mutual fund or ETF shares, backed by a 1:1 ratio of real, regulated, custodial fund units.PANews reported on November 13th that, according to The Block, global fund network Calastone has once again selected Polygon as its tokenization technology partner. Starting Wednesday, asset management firms can distribute Calastone's tokenized fund share classes on the Polygon network. Simon Keefe, Head of Digital Solutions at Calastone, stated that the market craves more efficient and transparent infrastructure, and blockchain is ready for large-scale application; with Polygon, its tokenization issuance platform can seamlessly integrate into the on-chain ecosystem, combining a global network with the efficiency of blockchain to simplify the fund issuance process. Tokenized fund share classes are a digital form of traditional mutual fund or ETF shares, backed by a 1:1 ratio of real, regulated, custodial fund units.