SS&C Technologies to Acquire Calastone in $1.03 Billion Deal

SS&C Technologies Holdings, Inc., a global leader in investment and financial software, has agreed to acquire Calastone, the world's largest funds network, for approximately £766 million ($1.03 billion). The transaction, expected to close in Q4 2025 pending regulatory approvals, marks a strategic expansion for SS&C's Global Investor & Distribution Solutions division.

Calastone's network connects over 4,500 financial institutions across 57 markets, automating fund operations through its proprietary technology. The acquisition underscores the growing convergence of traditional finance and digital infrastructure—a trend increasingly mirrored in blockchain-based asset management solutions.

While the deal focuses on conventional investment vehicles, its emphasis on operational scalability and settlement efficiency reflects broader industry demands driving innovation in crypto-native custody and trading platforms.