Corastone has announced the launch of its private market investing platform (now live), featuring Apollo, Morgan Stanley, and a leading transfer agent providing integrated services. Franklin Templeton and KKR will join the platform next. The platform is designed to simplify access to private markets by connecting general partners, wealth managers, and fund administrators on a single digital infrastructure.
As private market exposure continues to grow among investors, the industry is facing increased demand for simplified processes, reduced costs, and improved operational efficiency. Corastone’s platform provides automated workflows, real-time data visibility, and transaction processing built on permissioned blockchain technology, delivering a more unified and transparent model for private market participation.
By offering a shared data and transaction layer, the platform reduces operational friction, enabling asset managers to accelerate new product development, expand pathways for wealth managers to offer alternative investments, and allowing administrators to scale their operations. Subscription workflows are now live on the platform, and capabilities for capital calls, valuation updates, redemptions, and transfers will be added soon.
Corastone positions its infrastructure as neutral and aligned with all stakeholders, functioning as a single digital fabric to modernize private market transactions. The technology aims to eliminate reliance on multiple legacy systems and manual workflows, enabling participants to operate with greater speed, accuracy, and consistency.
KEY QUOTES:
“We are thrilled to see the Corastone platform live with such a distinguished group of industry leaders. This milestone validates our vision for how private markets should operate: faster, more transparent and ready to scale. We look forward to powering innovation and efficiency for all market participants.”
Rashad Kurbanov, Co-Founder & CEO at Corastone
“As private markets solutions continue their trajectory toward mainstream adoption, it is imperative that our industry evolves to deliver a more streamlined, efficient, and client-centric experience. Advancing automation, standardization, and operational efficiency will be essential to this transformation. We believe Corastone’s technology will be a key driver of this progress, and we are excited to partner with them to reduce friction across the private markets ecosystem and to deliver improved outcomes for private markets investors.”
George Stephan, Global Chief Operating Officer – Private Markets Wealth Management, Franklin Templeton
“Innovations in product structure are making high-quality private markets investments more accessible, but complex operational processes continue to create barriers to entry, ultimately impacting the investor experience. We are pleased to collaborate with this group of industry leaders to support Corastone’s growth in unlocking greater participation in the private market ecosystem.”
Doug Krupa, Head of Global Wealth Solutions in the Americas, KKR
“As the private markets space has become more ubiquitous among investors, we’re focused on breaking down barriers to deliver innovative investment solutions to our clients. Working with Corastone on this new initiative that unlocks efficiencies for our teams aligns with that commitment.”
Alison Nest, Head of Investment Solutions Products, Morgan Stanley
