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London Stock Exchange Turns to Blockchain in Its First Deal to Streamline Fundraising

From financemagnates.com

The London Stock Exchange has completed its first blockchain-powered transaction, marking the launch of its new digital markets platform. According to the exchange’s announcement on Monday, asset manager MembersCap used the system to raise money for its latest private fund. The Digital Markets Infrastructure (DMI), developed with Microsoft, reportedly handled the full fundraising process from issuance to settlement. This makes LSE the first major global stock exchange to launch an end-to-end blockchain system. Dr. Darko Hajdukovic, the Head of Digital Markets Infrastructure, LSEG, commented: “At LSEG, we are ... (full story)

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