LSEG plans launch of blockchain-based digital assets business

First major exchange to do so

Eve Maddock-Jones
clock • 1 min read

The London Stock Exchange Group is reportedly in the process of developing a new digital markets business, which would make it the first major stock exchange to offer a widespread investment of more traditional financial assets centred on blockchain technology.

Murray Roos, head of capital markets at the LSE Group, told the FT the firm had decided to push forward with the project after 12-months of internal debate on the potential for a blockchain-powered trading venture, adding it is now in conversations with the UK government and regulators on the idea. The project would be lead by the group's CEO Julia Hoggett. Roos told the newspaper this was "definitely not building anything around cryptoassets", but instead was focused on the technology that underpins popular crypto-tokens to improve the efficiency of buying, selling and holding tradit...

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