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Published on 2026-04-16 | 2 hours ago

Legal & General Launches Tokenized Funds on Blockchain Network

Legal & General brings £50B liquidity funds onchain via Calastone, enabling faster settlement, tokenized access, and digital investment solutions. London-based Legal & General Asset Management has launched tokenized liquidity funds on a blockchain network. The relocation enables investors to digitally access and transfer fund shares. In addition, the system provides a quicker alternative to the conventional settlement procedures. Thus, this move is a significant change towards the adoption of digital finance. Legal & General Expands into Tokenized Fund Distribution The company introduced tokenized share classes through Calastone’s distribution network. This platform transforms conventional fund units into tokens on the blockchain. This has led to a more efficient way of buying, holding, and transferring assets by investors. Additionally, the system supports real-time or same-day settlement. Related Reading: Jeremy Allaire Hints at Tokenized Future for Circle’s Arc Network | Live Bitcoin News Liquidity funds offered by Legal & General come in US dollars, euros, and British pounds. The purpose of these funds is to maintain capital and provide competitive returns. Moreover, they invest in short-term securities such as government bonds and corporate debt. Therefore, they are considered relatively stable investment options. At the moment, the company operates over 50 billion in liquidity assets. These funds are now also tokenized. The move, therefore, opens up new categories of digital investors. It also indicates an increasing need to have quicker and more adaptable financial solutions. Notably, tokenized shares are run in a permissioned system. They can only be traded by authorized users. Thus, the platform is in line with regulatory standards. At the same time, it ensures a secure environment for transactions. Blockchain Integration Signals Growing Institutional Adoption The tokenized funds are initially launched on Ethereum and other EVM-compatible networks. However, the company is going to spread to additional blockchains in the future. This will enable wider reach in various digital ecosystems. The technology of Calastone is compatible with the existing systems of Legal and General. Thus, the company will not have to reconstruct its infrastructure. Rather, it can provide tokenized products in addition to conventional products. This would not create any inconvenience to current investors. In addition, tokenization enhances fund operations efficiency. It minimizes settlement delays and makes ownership transfers easier. Consequently, investors are able to handle assets with ease. This also helps in having uninterrupted access to funds without having to wait. This action puts Legal and General in the company of large companies that are embracing tokenization. Similar models are also being considered by such companies as BlackRock and Franklin Templeton. Thus, the tokenized asset market is expanding at a fast pace. It is reported that the industry had hit approximately 13 billion at the beginning of 2026. In the past, Legal and General collaborated with Archax in 2024 on such projects. That was an institutional investor effort. The most recent release is even more accessible. As a result, the company is enhancing its digital finance. To sum up, the tokenized funds of Legal & General point to one of the trends in the industry. Conventional finance is shifting to blockchain-based systems. In addition, investors are seeking quicker and more adaptable solutions. Thus, tokenization can become a significant part of the future of world finance. The post Legal & General Launches Tokenized Funds on Blockchain Network appeared first on Live Bitcoin News.

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