[UK Legal & General Tokenizes Over £50 Billion Fund] According to CoinDesk, UK asset management firm Legal & General Asset Management has tokenized over £50 billion in liquidity funds through Calastone's tokenized distribution network. The firm offers money market funds in USD, EUR, and GBP in the form of tokenized shares, supporting issuance, trading, and same-day settlement. Investors can purchase, hold, and transfer tokenized shares within a permissioned and regulated network. The related funds are deployed on Ethereum and compatible blockchains, with plans to expand to more networks in the future.