London Stock Exchange Group launches blockchain platform for private equity funds

Source
Son Min

Summary

  • London Stock Exchange Group said it launched a blockchain platform for private equity funds called 'Digital Markets Infrastructure'.
  • The platform supports virtual asset issuance, tokenization, and payments, and UK asset manager Memberscap participated as the first client.
  • The London Stock Exchange Group said it plans to expand platform services to other asset classes in the future.

The London Stock Exchange Group has launched a blockchain platform for private equity funds.

According to Bloomberg on the 15th (local time), the London Stock Exchange Group (LSEG) launched a blockchain platform for private equity funds called 'Digital Markets Infrastructure'. The platform supports virtual asset issuance, tokenization, and payments, and it was reported that UK asset manager Memberscap participated as the first client to raise capital for MCM Fund 1.

The London Stock Exchange Group said, "The platform is currently for private equity funds, but we plan to expand services to other asset classes in the future."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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