LSEG rolls outs blockchain-based platform for pvt funds

The London Stock Exchange Group said on Monday that it has made its first transaction on a blockchain-based infrastructure platform it has launched for private funds as the data and analytics group expands its offerings, reports Reuters.

The Digital Markets Infrastructure platform, developed in partnership with Microsoft, will help with end-to-end transactions - from issuance to post-trade asset settlement and servicing.

Private funds will be utilising the platform first, which will then be expanded to other assets, LSEG said.

Reuters provides news for LSEG's flagship news and data terminal Workspace.