The London Stock Exchange (LSEG) has officially launched a blockchain system for private fund management, becoming the first major global exchange to deploy such infrastructure.
From Pilot Experiments to Full Deployment
The new solution, called Digital Markets Infrastructure (DMI), was developed in partnership with Microsoft and utilizes Azure cloud services. The platform is designed to manage the lifecycle of digital assets — from creation and tokenization to settlements post-trades.
First Transactions and Early Partners
The inaugural transaction was executed by MembersCap, with the London-based platform Archax acting as nominee for Cardano Foundation. This marked the beginning of a desired ecosystem uniting traditional managers, crypto companies, and institutional investors.
Strategic Meaning of the Launch
Executives from both LSEG and Microsoft emphasized the platform as part of a broader approach to integrate traditional finance and blockchain systems. Darko Hajdukovic, leading LSEG's digital markets unit, stated that private markets are 'ripe for innovation' and there is strong demand for a regulated blockchain infrastructure.
The launch of DMI illustrates the rapid convergence of traditional finance and decentralized solutions. It provides investors with increased opportunities for transparency and liquidity in financial markets.
