LSEG Considering Blockchain for Setting Up Digital Ecosystem

The London Stock Exchange Group (LSEG) is currently exploring theย utilization of blockchain technologyย 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,ย sharedย 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 LSEGโ€™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 thatโ€ฆ

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