Leading Asset Managers to Join New Corastone Platform as Investors Alongside Apollo, Franklin Templeton and KKR

WHY THIS MATTERS
Private markets are expanding rapidly as institutional and wealth investors increase allocations to assets such as private equity, private credit and infrastructure. However, the operational infrastructure supporting these investments has traditionally been fragmented, relying on manual processes, file-based transfers and disconnected systems between general partners, wealth managers and administrators. Corastone is positioning its platform as a solution to this challenge by providing a shared operating layer built on a private, permissioned blockchain network designed to streamline transaction workflows and enable straight-through processing across the ecosystem.

The decision by Fidelity Investments, Future Standard and Hamilton Lane to invest in Corastone reflects growing institutional demand for scalable digital infrastructure capable of supporting higher volumes of private market activity. As the industry opens access to a wider pool of investors, technologies that standardise data exchange, automate processes and reduce operational complexity are becoming increasingly important. Corastone’s approach aims to replace fragmented point-to-point integrations with a unified platform capable of supporting multiple market participants on a single network.

Corastone, the hyperscaler for private-market investing, today announced Fidelity Investments, Future Standard, and Hamilton Lane (Nasdaq: HLNE) as investors in Corastone and its alternative-investing operating platform.

This growing institutional participation builds on Corastone’s recent platform launch and comes as demand for private markets investments expands across investor types. As global private markets investment activity and volumes rise, firms are increasingly seeking transaction technologies that can perform at scale while meaningfully lowering operational friction and manual interventions. 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. “Corastone was built to serve as a common operating layer for the ecosystem, and adding Fidelity, Future Standard and Hamilton Lane reflects how the industry is coalescing around shared, enterprise-ready infrastructure. Our goal is to help investors of all sizes access private market assets as efficiently and reliably as public markets.”

Unlike legacy approaches that rely on multiple disconnected systems and point-to-point integrations, Corastone connects general partners, wealth managers, and administrators on a single, shared private markets platform. This unified architecture helps firms scale activity across asset types and volumes without increasing operational complexity.

Client Quotes

• Future Standard – “As private markets continue to expand across wealth and institutional channels, we saw a need in the marketplace for an infrastructure technology that connects the various point-to-point systems used by investors and enables true straight-through-processing of transactions. We adopted Corastone because it provides a modern, scalable approach to delivering this connective layer for the industry, and does so in a way that improves transparency, controls, and investor experiences. Our decision to invest reflects our confidence in the platform’s long-term role in facilitating the growing demand for private markets investments.” – Hari Moorthy, Chief Technology Officer at Future Standard
• Hamilton Lane – “We’ve seen firsthand how operational complexity can limit participation in private markets, and have prioritized building or investing in technology that aims to enhance transparency and efficiency. Corastone’s platform removes that friction, which we believe will help unlock the industry’s next growth phase.” – Griff Norville, Head of Technology Solutions at Hamilton Lane

With Fidelity Investments, Future Standard and Hamilton Lane investing in the platform, Corastone’s institutional footprint continues to expand. This follows recent momentum across the ecosystem, with participants such as Apollo, Franklin Templeton, KKR, and Morgan Stanley using Corastone’s technology to modernize private market distribution.

FF NEWS TAKE
Infrastructure is becoming one of the most critical battlegrounds in the race to scale private markets. As asset managers push to distribute private investments more widely, operational bottlenecks around onboarding, reporting and transaction processing are becoming harder to ignore.

Institutional backing from firms such as Fidelity and Hamilton Lane suggests that the industry is beginning to coalesce around shared infrastructure models rather than building isolated systems. If platforms like Corastone succeed in creating a common digital layer for private markets workflows, they could play a key role in making alternative assets more accessible, efficient and scalable for both institutional and wealth investors.