Corastone, a hyperscaler for private-market investing, has announced Fidelity Investments, Future Standard and Hamilton Lane as investors in Corastone and its alternative-investing operating platform.
Corastone, through its proprietary private, permissioned blockchain network, is increasingly functioning as the shared network infrastructure and data standard for private markets workflows — replacing legacy file-based processes and point-to-point integrations with a single solution that supports straight-through processing for all market participants.
"As access to private markets continues to scale, firms need standardized, digital infrastructure that supports higher volumes and more complex structures without adding operational burden," said Hamid Gayibov, co-founder and president of Corastone.
Unlike legacy approaches that rely on multiple disconnected systems and point-to-point integrations, Corastone connects general partners, wealth managers and administr