The London Stock Exchange Group plans to provide on-chain settlement services for institutional investors.
PANews reported on February 13th that, according to Cryptopolitan, the London Stock Exchange Group announced on Thursday its plans to launch an on-chain settlement service for institutional investors, named LSEG Digital Securities Depository. This platform will connect traditional securities markets with blockchain networks, supporting the trading and settlement of tokenized bonds, stocks, and private market assets, while maintaining compatibility with existing infrastructure. The system will be compatible with multiple blockchain networks, with an initial delivery target of 2026, subject to regulatory approval.
LSEG already operates a blockchain platform for private equity funds on Microsoft Azure, and this new system is a further expansion of its digital asset strategy. The company stated it will form a strategic partner group to gather market feedback during development and build an ecosystem that connects digital and traditional markets across time zones and supports multiple payment methods. Major UK financial institutions such as Barclays, Lloyds, National Westminster Markets, Standard Chartered, and Brookfield have expressed their support for the project.
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