Crypto Exchange Archax to Offer Tokenized Money Market Funds from State Street, Fidelity International and LGIM [Yahoo! Finance]
LEGAL&GENL GRP PLC S/ADR (LGGNY)
NASDAQ:AMEX Investor Relations:
merriam-webster.com/dictionary/legal
Company Research
Source: Yahoo! Finance
Tokenized assets will be available on Hedera Hashgraph, XRPL and Arbitrum. Archax, a U.K.-regulated crypto exchange and custodian, has added funds from State Street, Fidelity International and Legal & General Investment Management (LGIM) to the range of tokenized real-world assets (RWAs) that it offers, the company said in a press release Wednesday. The firm will initially provide tokenized access to certain State Street Global Advisors, Fidelity International and LGIM money market funds. Other types of funds may also be added in the future, the company said. Archax will issue beneficial ownership tokens representing clients' holdings in such funds. These will initially be made available on Hedera Hashgraph, XRPL and Arbitrum, with other blockchains potentially following. CoinDesk revealed last month that Legal & General, the London-headquartered pension and investment management firm with $1.5 trillion in assets under management, was planning to enter the tokenization space.
Show less
Read more
Impact Snapshot
Event Time:
LGGNY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LGGNY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LGGNY alerts
High impacting LEGAL&GENL GRP PLC S/ADR news events
Weekly update
A roundup of the hottest topics
LGGNY
News
- Legal & General Group Technology Strategy Analysis Report 2024: Accelerators, Incubators, Partnerships, Investments and Innovation Programs [Yahoo! Finance]Yahoo! Finance
- Legal & General plans job cuts in asset management unit [Yahoo! Finance]Yahoo! Finance
- If Reeves wants Britain to grow, she must free us to take risks [Yahoo! Finance]Yahoo! Finance
- Annuity rates November 2024: What are they, and current rates [Yahoo! Finance]Yahoo! Finance
- Schroders Slashes Top Brass in New CEO's Push to Revive Growth [Yahoo! Finance Canada]Yahoo! Finance Canada