LSEG Moves Toward Blockchain-Based Settlement System
LSEG plans to launch a blockchain-based settlement platform to support tokenised securities, marking a major step in institutional crypto adoption.
The London Stock Exchange Group (LSEG) has announced plans to develop a blockchain-compatible digital settlement platform aimed at modernizing capital markets infrastructure.
The proposed system will enable the trading and settlement of tokenised securities including bonds, equities, and private market instruments. The initiative represents a major step toward integrating distributed ledger technology into traditional financial markets.
Why This Matters
Settlement inefficiencies cost global markets billions annually. Blockchain technology can potentially:
● Reduce settlement times
● Lower operational costs
● Improve transparency
● Minimize counterparty risk
The rollout is expected to occur in phases, pending regulatory approvals.
Industry experts believe this move signals accelerating institutional adoption of blockchain technology in global finance.
Disclaimer:
This article is based on announced developments and is not financial advice.