L&G and Calastone are tokenising liquidity funds, allowing users to buy, hold and instantaneously transfer tokens.
Legal & General Asset Management (L&G) today announces that its suite of liquidity funds is now available on the Calastone Tokenised Distribution (CTD) Network.
The CTD Network connect traditional fund products with digital distribution channels. The move will enable investors to access L&G’s liquidity strategies in tokenised form via blockchain-enabled infrastructure.
Calastone provides the underlying technology for token creation, order routing, and trade aggregation, allowing L&G to expand distribution reach while maintaining operational efficiency in a safe and secure environment.
The expansion into tokenised distribution provides further accessibility for new digital investors and allows authorised users to buy, hold and instantaneously transfer tokens within a regulated framework.
Ross McDonald, Liquidity Investment Specialist at L&G, said: “Tokenised distribution provides meaningful enhancements in efficiency and reach, and we are excited to partner with Calastone as we accelerate innovation across our liquidity franchise.”
Simon Keefe, Head of Digital Solutions at Calastone, said: This launch demonstrates how tokenisation can be applied to established fund structures to enhance distribution, improve efficiency and broaden access within a controlled, regulated framework.”
Stay updated on crypto and AI by following our socials
