Archax, the UK-based, FCA-regulated exchange, broker and custodian for digital assets, has added State Street, Fidelity International and Legal & General Investment Management (LGIM) funds to the range of tokenised real-world assets (RWAs) that it offers. Starting initially with providing tokenised access to certain State Street Global Advisors, Fidelity International and LGIM money-market funds (MMFs) […]
The Financial Conduct Authority (FCA) will not object to requests from Recognised Investment Exchanges (RIEs) to create a UK-listed market segment for cryptoasset-backed Exchange Traded Notes (cETNs). These products would be available for professional investors, such as investment firms and credit institutions authorised or regulated to operate in financial markets only. Exchanges will need to […]
In a significant move towards fostering innovation in the asset management sector, the Economic Secretary to the Treasury’s Asset Management Taskforce, following its re-establishment in April 2023, has unveiled a Technology Working Group. Chaired by Michelle Scrimgeour, CEO of Legal and General Investment Management (LGIM), the group comprises industry experts collaborating closely with the Financial […]
