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CoinGape

$1.5T Pension Giant Joins BlackRock, Franklin's Entry into Crypto Tokenization

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Summary
Nutrition label

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.

VR Score

54

Informative language

44

Neutral language

55

Article tone

formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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