🔥UK asset management firm Legal & General tokenizes over £50 billion funds on the blockchain via Calastone's tokenization network


According to CoinDesk, UK asset management firm Legal & General Asset Management announced on Wednesday that it has put on the blockchain its liquidity funds worth over £50 billion (approximately $68 billion) through Calastone's newly developed distribution channel.
Legal & General Asset Management liquidity investment expert Ross McDonald stated that tokenized distribution significantly improves efficiency and coverage.
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