Legal & General Asset Management brings decades-old money market funds onto blockchain rails to expand access and enable faster settlement. Legal & General Asset Management has moved more than £50 billion in liquidity funds onchain via Calastone’s new Tokenized Distribution Network. The firm is offering money-market style funds as tokenized shares on blockchain infrastructure, enabling issuance, trading and same-day settlement in dollars, euros and pounds. Investors can now buy, hold and transf…
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