UK pension giant L&G seeks to enter cryptocurrency tokenization space

CoinVoice · 2024-10-21T09:23:01.000Z

Legal & General (L&G), a London-based pension and investment management firm with $1.5 trillion in assets under management, is planning to enter the blockchain-based tokenization space that is becoming increasingly popular among financial giants, CoinVoice has learned. Tokenization, or representing traditional assets such as money market funds backed by U.S. Treasuries through tokens on the blockchain, is becoming increasingly popular among traditional financial companies. The trend has accelerated as the world's largest asset manager BlackRock launched its BUIDL fund on the Ethereum blockchain. Other companies include Franklin Templeton, State Street and Abrdn.

CoinVoice 最新获悉，总部位于伦敦的养老金和投资管理公司 Legal & General (L&G) 管理着 1.5 万亿美元的资产，该公司正在计划进军越来越受到金融巨头欢迎的基于区块链的代币化领域。
代币化（即通过区块链上的代币来代表传统资产，如美国国债支持的货币市场基金）在传统金融公司中越来越受欢迎。随着全球最大的资产管理公司贝莱德在以太坊区块链上推出其 BUIDL 基金，这一趋势进一步加速。其他公司包括富兰克林邓普顿（Franklin Templeton）、道富银行（State Street）和 Abrdn。
L&G高管表示，“我们正在评估以代币化形式提供 Legal & General Investment Management 流动性基金的方法。”[原文链接]

Explore More From Creator

Latest News

Explore More From Creator

Latest News

Trending Articles