London Stock Exchange launches blockchain private equity platform and completes first transaction
2hours ago
According to Odaily Planet Daily, the London Stock Exchange Group (LSEG) announced that its blockchain-based private equity fund platform, Digital Markets Infrastructure (DMI), has completed its first transaction. The first clients are investment management firm MembersCap and digital asset exchange Archax, and the transaction closed the fundraising for MembersCap's MCM Fund 1. LSEG stated that DMI covers the entire asset lifecycle, improving efficiency from issuance to settlement, and will be compatible with existing blockchain and traditional financial services. (CoinDesk)
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