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LSEG Considering Blockchain for Setting Up Digital Ecosystem

The London Stock Exchange Group (LSEG) is currently exploring the utilization of blockchain technology to establish a comprehensive digital marketplace ecosystem aimed at facilitating the raising and transfer of capital across a diverse range of asset categories. Murray Roos, head of capital markets at LSEG, shared with the Financial Times that the exchange has dedicated approximately a year to investigating the potential of establishing a blockchain-powered trading platform.

Roos emphasized that LSEG’s focus lies not in constructing anything related to cryptocurrency assets but rather in harnessing blockchain technology to enhance the efficiency associated with the procurement, sale and custody of traditional assets. He further emphasized that LSEG exercised patience, ensuring that…

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