Calastone

Investment funds transaction network Calastone has announced it is shifting its entire system to a blockchain; Calastone processes mutual fund trades for over 1,700 financial companies, including JPMorganAsset Management, Schroders, and Invesco; Calastone is also a founding member of the Linux Foundation-led Hyperledger Project; the company expects to complete the switch to what it is calling the Distributed Market Infrastructure (DMI) next year in May 2019