LSE Group Starts Blockchain Platform for Access by Private Funds

London Stock Exchange Group Plc has rolled out a blockchain-based platform initially focused on private funds, marking a push by the bourse operator into digital assets.

LSEG’s Digital Markets Infrastructure was used by MembersCap to raise money for its tokenized fund MCM Fund 1, according to a statement Monday. Archax, a regulated digital securities exchange in London, acted as a nominee.

By using blockchain technology, LSEG aims to increase efficiency in private markets, an area increasingly seen as ripe for digitization. While LSEG’s platform is currently open to private funds, it has plans to expand to other asset classes.

Tokenization, ...