UK asset manager puts $68 billion of funds on-chain via Calastone token network
By Olivier Acuna
Legal & General Asset Management, a UK asset manager, has transferred $68 billion in money market funds onto the blockchain using the Calastone token network. This move brings decades-old funds on-chain to expand investor access and enable faster settlement times. The initiative bridges traditional finance with blockchain technology for improved efficiency.
Not financial advice. Do your own research before making investment decisions.