L&G brings £50B liquidity funds onchain via Calastone tokenized network
Market Intelligence Analysis
AI-PoweredLegal & General Asset Management brings £50B liquidity funds on-chain via Calastone's tokenized network, expanding distribution across blockchain networks and trading models. This move is expected to increase liquidity and efficiency in the market. The integration of traditional asset management with blockchain technology may attract institutional investors and boost the adoption of digital assets.
The on-chain liquidity injection of £50B may lead to increased trading volumes and reduced slippage for affected assets, such as BTC and other digital assets. This development could also positively impact the price of Calastone's token and related blockchain-based assets, as it demonstrates the growing demand for tokenized networks and blockchain-based trading models.
Article Context
London-based Legal & General Asset Management is the latest global asset manager to expand distribution across blockchain networks and trading models.
Analysis and insights provided by AnalystMarkets AI.