Corastone, the hyperscaler for private-market investing, announced on March 9, 2026, an undisclosed funding round backed by Fidelity Investments, Future Standard, and Hamilton Lane. Fidelity Investments invested in Corastone and its alternative-investing operating platform. Future Standard invested in Corastone and its alternative-investing operating platform. Hamilton Lane invested in Corastone and its alternative-investing operating platform. The amount raised was not disclosed. This development follows Corastone’s recent platform launch.
Corastone provides the modern infrastructure that enables straight-through processing for general partners (GPs), wealth managers, and fund administrators in private markets. Built on a proprietary private, permissioned blockchain network, the platform serves as shared infrastructure and a data standard, replacing legacy file-based processes and point-to-point integrations.
Funding Overview
Corastone revealed the investment on March 9, 2026, highlighting growing institutional participation. The round centers on its alternative-investing operating platform, which uses blockchain to support scalable private markets workflows. Fidelity Investments, Future Standard, and Hamilton Lane (Nasdaq: HLNE) each committed capital to advance this technology.
Corastone’s role in addressing operational challenges as private markets expand. No specific valuation or terms were shared. This funding builds momentum for Corastone’s ecosystem, where participants like Apollo, Franklin Templeton, KKR, and Morgan Stanley already use the platform to modernize private market distribution. Similar momentum is seen across the financial technology sector, where companies continue to attract strategic capital, as highlighted when TruFin secures undisclosed strategic investment, reflecting broader institutional confidence in digital financial infrastructure platforms.
About the Company
Corastone positions itself as the hyperscaler for private-market investing. Its unified architecture connects GPs, wealth managers, and administrators on a single platform. Through one integration, users access a broad ecosystem of investment opportunities and counterparties.
The technology fosters visibility, control, and seamless operations across the investment lifecycle. Unlike legacy systems reliant on disconnected tools, Corastone supports straight-through processing, reducing manual interventions. It handles higher volumes and complex structures without added burden.
Investors
-
Fidelity Investments: Independent asset manager providing investment products; investor in Corastone.
-
Future Standard: Global alternative asset manager with $86 billion in assets under management (as of September 30, 2025); invests across private equity, credit, and real estate.
-
Hamilton Lane (Nasdaq: HLNE): Private markets investment firm with $1.0 trillion in assets under management and supervision ($146.1 billion discretionary, $871.5 billion non-discretionary, as of December 31, 2025).
Market Context
Demand for private markets investments is expanding across investor types. Global activity and volumes are increasing, prompting firms to adopt scalable transaction technologies. Corastone meets this need by functioning as a common operating layer, enabling efficient scaling.
