$1.5 Trillion U.K. Pension Fund Eyes Entry into Crypto Tokenization
Legal & General (L&G), a major UK-based pension and investment management firm, is considering entering the blockchain tokenization market. With $1.5 trillion in assets under management, the company is considering how it can package its Legal & General Investment Management (LGIM) liquidity funds in a tokenized manner. Tokenization is the process of transforming tangible assets such as property, natural resources such as oil and gas and even paintings into digital tokens. This makes it possible for the average investor to own...