LSEG Launches Blockchain-Based DMI Platform for Private Funds
- The London Stock Exchange Group (LSEG) has introduced its Digital Markets Infrastructure (DMI) platform for private funds.
- Powered by Microsoft Azure, the platform facilitated its first transaction.
- DMI employs blockchain technology to manage the entire asset lifecycle, including issuance and tokenization.
- The platform aims for interoperability with existing Distributed Ledger Technology (DLT) solutions and traditional finance systems.
LSEG’s new DMI platform, developed with Microsoft Azure, marks a significant step in integrating blockchain technology into private fund management by supporting key processes like tokenization and post-trade settlement.
This initiative underscores LSEG’s commitment to modernizing financial infrastructure through advanced technologies like blockchain, enhancing efficiency in asset management and settlement processes. (Source)
