L&G Explores Crypto Tokenization
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Liquidity fundsCoinGape
•$1.5T Pension Giant Joins BlackRock, Franklin's Entry into Crypto Tokenization
70% Informative
Legal & General ( L&G ) is exploring ways to offer its Liquidity funds in tokenized format, aiming to enhance efficiency, reduce costs, and broaden investment opportunities.
BlackRock 's BUIDL fund, launched on the Ethereum blockchain, invests in assets like U.S. Treasury bonds.
The world’s largest asset manager is trying to challenge stablecoin market leaders like Circle and Tether .
Other major players, such as Franklin Templeton , State Street , and Abrdn , have also launched similar offerings.
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