The London Stock Exchange Group (Lseg) said that he had facilitated the first transaction on a new platform based on blockchain for private funds.
LSEG digital market infrastructure (DMI)Built using Microsoft Azure, is designed to use blockchain technology throughout the life cycle of an asset, from issue to regulations, with larger scale and greater efficiency than existing systems, according to an announcement on Monday.
The investment manager Commercap and Digital Asset Exchange Archax were integrated as DMI’s first customers and carried out the first transaction, who collected funds for MCM Fund 1 from Membercap.
LSEG said he would guarantee that DMI is working with current market services in Blockchain technology as well as traditional finance (Tradfi).
DMI and its first transaction are “important milestones demonstrating the appetite for end -to -end blockchain technology, interoperable and regulated,” said Hajdukovic, head of the LSEG digital market infrastructure in the press release.
Tradfi exchanges on many markets have integrated blockchain technology into their platforms as a means of increasing efficiency and reducing costs. Last week, the Nasdaq made a proposal to the American Securities and Exchange committee (SECOND) To tokensinate the actions on his exchange of negotiations on the blockchain with transactions allocated the same priority as the inherited method.
