LSEG Pioneers Blockchain-Based Fundraising with New Digital Markets Platform
The London Stock Exchange Group has executed its first transaction using blockchain technology, signaling a strategic shift toward digital infrastructure in traditional finance. The system streamlines the creation, trading, and settlement of financial assets—cutting costs and reducing processing times that traditionally spanned weeks.
MembersCap Leveraged the platform to raise capital for a private fund, marking a milestone as LSEG becomes the first major exchange to fully integrate blockchain across the asset lifecycle. "This isn't about cryptocurrencies," emphasized Dr. Darko Hajdukovic, head of digital markets at LSEG. "We're applying distributed ledger technology to conventional securities to eliminate manual inefficiencies."
The MOVE reflects broader institutional adoption of tokenization, where real-world assets gain liquidity through digital representation. Private markets—notoriously sluggish with 40-50 day settlement periods—stand to benefit most from the automation.