U.K. Pension Giant L&G Looks to Enter Crypto's Tokenization Space [Yahoo! Finance]
LEGAL&GENL GRP PLC S/ADR (LGGNY)
NASDAQ:AMEX Investor Relations:
merriam-webster.com/dictionary/legal
Company Research
Source: Yahoo! Finance
Legal & General (L&G), the London-headquartered pension and investment management firm with $1.5 trillion in assets under management, is plotting an entrance into the blockchain-based tokenization space that's growing popular among finance giants. Tokenization – or the representation of conventional assets like U.S. Treasuries-backed money-market funds via tokens on a blockchain – has become popular among traditional finance firms. That accelerated after the arrival of BlackRock, the largest asset manager in the world, on the scene with its BUIDL fund on the Ethereum blockchain. Others are available from Franklin Templeton State Street and Abrdn “We are evaluating ways to make the Legal & General Investment Management Liquidity funds available in tokenized format,” said Ed Wicks, global head of trading at Legal & General Investment Management (LGIM), when asked about the firm's plans via email. “Digitization of the funds industry is key to improving efficiency, reducing cost an
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
- LGT Wealth Management initiates pass-through voting technology [Yahoo! Finance]Yahoo! Finance
- Legal & General Group Plc (OTCMKTS: LGGNY) was upgraded by analysts at The Goldman Sachs Group, Inc. from a "strong sell" rating to a "strong-buy" rating.MarketBeat
- Legal & General Group Plc (OTCMKTS: LGGNY) was upgraded by analysts at UBS Group AG from a "hold" rating to a "strong-buy" rating.MarketBeat
- This overlooked gem offers a fat yield while waiting for long-term growth [Yahoo! Finance]Yahoo! Finance
- UK Income Protection Insurance Market Report 2024 with Forecasts of Contracts and Premiums to 2028 [Yahoo! Finance]Yahoo! Finance