UK Asset Manager Transfers $68 Billion in Funds to Blockchain via Calastone Token Network
In a significant development, Legal & General Asset Management has successfully transferred over $68 billion in liquidity funds to a blockchain-based platform, utilizing a novel distribution channel established by Calastone. According to Ross McDonald, a liquidity investment specialist at L&G, "The tokenized distribution network offers substantial improvements in terms of efficiency and reach, an…
April 15, 2026, 7:17 p.m.