london stock exchange blockchain

London Stock Exchange to Leverage Blockchain

Enterprise BlockchainNews
··1 min read

The London Stock Exchange (LSE) Group reportedly will use blockchain technology as part of a new initiative aimed at transforming the way traditional financial assets are managed and traded.

By harnessing the power of blockchain, the LSE Group seeks to significantly enhance the efficiency of various processes involved in managing, purchasing, and selling traditional financial assets. The objective is to create a more streamlined, cost-effective, and transparent ecosystem for these assets.

“The idea is to use digital technology to make a process that is slicker, smoother, cheaper and more transparent . . . and to have it regulated,” Murray Roos, head of capital markets at the LSE Group, told the Financial Times yesterday.

Earlier this year, CEO of asset manager Blackrock Larry Fink noted that tokenization would lead to “the next generation for markets”.

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