London Stock Exchange’s Bold Move: Blockchain for Private Funds! πŸ’ΈπŸ“‰

Finance

Here’s the scoop: πŸ•΅οΈβ€β™€οΈ

  • The London Stock Exchange just made history by facilitating its first blockchain transaction for private funds! πŸš€
  • The Digital Markets Infrastructure (DMI) is all about using blockchain for EVERYTHING-from issuance to settlement. Basically, it’s the tech everyone’s been waiting for. πŸ’»
  • First on the blockchain bandwagon: Investment manager MembersCap and digital asset exchange Archax, who had the honor of making the first-ever transaction. πŸ‘

More deets inside… If you’re into that kind of thing πŸ‘€

BTCBTC$114,833.93β—’1.07%

The London Stock Exchange Group (LSEG) just dropped a bombshell: They’ve facilitated the very first blockchain transaction for private funds. So, what’s next? Flying cars? πŸš—πŸ’¨

The shiny new Digital Markets Infrastructure (DMI), powered by Microsoft Azure (because, of course, Microsoft is involved), will use blockchain to handle every little detail of an asset’s life. From creation to the grand finale-settlement. And, wait for it… it promises more scale and efficiency than anything we’ve seen before. Can we get a β€œWow!”? πŸ™„

And who’s leading the charge? Enter MembersCap and Archax-your first clients in this wild new world. They kicked things off with a transaction that raised money for MembersCap’s MCM Fund 1. Hold onto your hats, folks! πŸŽ©πŸ’Έ

LSEG claims that DMI will play nice with both the blockchain world AND traditional finance (TradFi, for short). Because, apparently, we can’t live without our old-school financial systems just yet. πŸ˜…

According to Dark Hajdukovic (which sounds like a villain in a spy movie, but we promise he’s real), this is a big deal. He says DMI and its first transaction are *”significant milestones demonstrating the appetite for end-to-end, interoperable, regulated financial markets”*. How exciting. ✨

Oh, and just in case you missed it: TradFi exchanges worldwide are jumping on the blockchain train to up their efficiency game. Just last week, the Nasdaq proposed tokenizing stocks to trade on the blockchain. We can only imagine what’s next. Maybe… tokenized coffee? β˜•

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2025-09-15 13:43