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Corastone Secures Investment from Fidelity, Future Standard, and Hamilton Lane

Corastone raises new funding to advance its permissioned blockchain network, signaling growing institutional adoption of blockchain solutions for standardized data infrastructure in private markets.

Summary

Corastone announced investments from Fidelity, Future Standard, and Hamilton Lane to support the development of its proprietary permissioned blockchain network. The network is designed to standardize data infrastructure, enhance interoperability, and improve transparency for private market operations, reflecting increasing institutional interest in blockchain-based solutions for financial data management.

Terms & Concepts
  • Permissioned blockchain: A blockchain network where access and participation are restricted to authorized entities, often used in enterprise or institutional settings.
  • Private markets: Investment markets involving non-public assets such as private equity, venture capital, and private debt, typically accessible to institutional investors.
  • Data standardization: The process of creating uniform data formats and protocols to ensure consistent information sharing across different platforms or systems.