London Stock Exchange launches blockchain private fund platform and completes first transaction
ChainCatcher news, the London Stock Exchange Group (LSEG) announced that its blockchain-based private fund platform, Digital Markets Infrastructure (DMI), has completed its first transaction.
The first clients are investment management company MembersCap and digital asset exchange Archax, with the transaction completing the fundraising for MembersCap's MCM Fund 1. LSEG stated that DMI covers the entire asset lifecycle, improves efficiency from issuance to settlement, and will be compatible with existing blockchains and traditional financial services.
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