Tokenized share classes of its liquidity funds on Calastone's Tokenised Distribution network
Legal & General Asset Management said on 14 April 2026 that its liquidity funds, in US dollars, euros and sterling, are now available as tokenized share classes on the Calastone Tokenised Distribution network, run by Calastone, part of SS&C Technologies, which creates the tokens and handles order routing and onchain settlement. The tokens move only between authorized users, and L&G says all of the more than £50 billion in liquidity assets it manages is now available in tokenized form. The release says only that the tokenized versions 'will initially be available on Ethereum and EVM compatible blockchains', and Calastone's network also runs on Polygon and Canton. No fund, token contract, investor or first subscription on Ethereum has been named by L&G, Calastone or the press, and none could be found on Etherscan or rwa.xyz on 7 October 2026, so this row records an offer opened on Ethereum, not tokens seen there.
In the record
6
Months since it was first seen
25
Institutions of its kind in the record
Other asset manager deployments
- ARK InvestEntitlement token for shares of the ARK Venture Fund (ARKVX)September 2026
- BlackRockTokenized UCITS money market fund share classesAugust 2026
- BlackRockTokenized money market funds for stablecoin reservesAugust 2026
- Baillie GiffordNatively tokenized short-duration bond fund (BAGEY)August 2026