The move comes as big financial institutions seek ways to use blockchain technology, which they say makes the process of issuing, trading and settling financial assets faster, cheaper and easier. LSEG is the first major global stock exchange to launch a complete blockchain-powered system. Many other similar projects have facilitated only part of the process, rather than everything from issuance to trading and settlement.
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London Stock Exchange Group completes its first blockchain-powered fundraising
“We’re not talking here about cryptocurrencies, this is a completely different proposition, this is applying that technology to capital market transactions,” Darko Hajdukovic, head of digital markets infrastructure at LSEG,...
