LSE Group Plans to Offer Blockchain-Powered Market for Traditional Assets

The London Stock Exchange (LSE) is considering using a separate entity for the blockchain-based markets business, according to the Financial Times. The London Stock Exchange Group (LSEG.L), one of the oldest stock exchanges in the world, has drawn up plans to offer blockchain-based trading of traditional financial assets. The company has reached an “inflection point,” having examined the potential for bringing traditional markets to blockchain rails for nearly a year and has now decided to take plans forward, LSE Group's Head of Capital Markets Murray Ross told FT. A blockchain is a distributed, immutable ledger, facilitating record of transactions and tracking assets in a business network.

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