UK fund managers push for blockchain-traded funds: Financial Times

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UK fund managers push for blockchain-traded funds: Financial Times
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Britain’s asset managers are lobbying the government for a new fund category that uses blockchain technology

The Investment Association, which represents the UK’s asset management industry, is seeking approval of blockchain-traded funds that would issue digital tokens to investors, the report said.

The group is also backing formation of a task force to investigate how blockchain technology might facilitate new products and services.

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