Legal & General (L&G), a London-based pension and investment management company with $1.5 trillion in assets under management, is planning to enter the blockchain-based tokenization field. Ed Wicks, global head of trading at L&G Investment Management (LGIM), said: "We are evaluating how to offer the LGIM liquidity fund in a tokenized form." He emphasized that the digitalization of the fund industry is crucial to improving efficiency, reducing costs and providing diversified investment solutions to a wider range of investors. (CoinDesk)