CryptoMediaClub
Monday, July 7, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

LSE Group Plans to Launch Trading Venue Powered by Blockchain Technology: Report

05.09.2023
A A
0
120
VIEWS
ShareShare

The London Stock Exchange (LSE) is reportedly planning to develop a digital markets enterprise. The move aligns with its broader strategy to become the first major exchange offering comprehensive trading of traditional financial assets on blockchain technology.

One of the world’s oldest stock exchanges which can trace its history back more than 300 years, is “definitely not building anything around cryptoassets.” The focus is rather on blockchain technology to improve the efficiency of buying, selling, and holding traditional assets.

LSE’s Blockchain-Powered Trading Venue

According to Murray Roos, who serves as the head of capital markets at the LSE Group, the company has dedicated approximately a year to investigating the potential of a blockchain-powered trading venue. The firm has now reached an “inflection point” and opted to advance these plans.

LSE has roped in Julia Hoggett, the head of one of the units within the broader London Stock Exchange group. to lead the venture.

While speaking to the Financial Times, Roos emphasized that LSE had no intentions of developing anything related to crypto. Instead, the aim is to leverage the technology that serves as the foundation for Bitcoin and other assets to enhance the efficiency of traditional asset transactions, including buying, selling, and custody.

He explained,

“The idea is to use digital technology to make a process that is slicker, smoother, cheaper and more transparent  and to have it regulated.”

Roos explained that if their plans materialize, LSEG would become the first large global stock exchange to offer an “end-to-end” blockchain-powered ecosystem to investors.

“The ultimate goal is a global platform that allows participants in all jurisdictions to be able to interact with people in other jurisdictions completely abiding by rules, laws, and regulations, potentially multiple jurisdictions simultaneously, which is something that hasn’t been possible in an analogue world.”

Besides, the latest development comes months after the London Stock Exchange Group tapped Global Futures Options to start offering the country’s first regulated trading clearing in bitcoin index futures and options derivatives.

Tokenization

LSEG’s decision aligns with the current trend among major financial institutions, who are increasingly highlighting the blockchain’s potential to simplify the issuance and trading of financial assets, and much of the concept revolves around tokenization which is the creation of digital versions of stocks or bonds, and even gold and US Treasury notes, allowing for ownership tracking via blockchain.

Tokenization of real-world assets (RWA), for one, has gained tremendous traction in recent years, attracting both users as well as large institutional players. A recent report by Binance Research suggested that the tokenized treasury market is worth over $600 million.

SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.

Share9Tweet6ShareSharePin2

Related Posts

US Secret Service Builds $400M Crypto War Chest From Seized Scams Over 10 Years
All news

US Secret Service Builds $400M Crypto War Chest From Seized Scams Over 10 Years

07.07.2025
0

The US Secret Service has built one of the world’s largest seized crypto war chests, confiscating nearly $400 million in...

Read moreDetails
[LIVE] Crypto News Today: Latest Updates for July 7, 2025 – “Fiat Is Hopeless”: Elon Musk Says ‘America Party’ Will Embrace Bitcoin

[LIVE] Crypto News Today: Latest Updates for July 7, 2025 – “Fiat Is Hopeless”: Elon Musk Says ‘America Party’ Will Embrace Bitcoin

07.07.2025
Russian Ministry Starts Compiling National Registry of Crypto Mining Rigs

Russian Ministry Starts Compiling National Registry of Crypto Mining Rigs

07.07.2025
Brazil’s Central Bank Hack Sparks $40M Crypto Laundering in BTC, ETH

Brazil’s Central Bank Hack Sparks $40M Crypto Laundering in BTC, ETH

07.07.2025
Drake Compares Love Life to Bitcoin Price Swings in New Lyrics

Drake Compares Love Life to Bitcoin Price Swings in New Lyrics

06.07.2025
Load More
Next Post
Terra Luna Classic Community Approves Dynamic Commission Proposal

Terra Luna Classic Community Approves Dynamic Commission Proposal

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Elon Musk’s Pepe Meme Tweet Turns $1,000 Right into a Fortune – Might PEPE 100x From Right here?

Elon Musk’s Pepe Meme Tweet Turns $1,000 Right into a Fortune – Might PEPE 100x From Right here?

6 months ago
Crypto Markets Require Transparency, Says SEC Chair Gary Gensler

Crypto Markets Require Transparency, Says SEC Chair Gary Gensler

1 year ago
Nima Capital goes dark after dumping 9M SYN tokens, community calls it VC rug

Nima Capital goes dark after dumping 9M SYN tokens, community calls it VC rug

2 years ago
Twitter’s New CEO Linda Yaccarino Tweets Her First Post Appointment

Twitter’s New CEO Linda Yaccarino Tweets Her First Post Appointment

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Brazil’s Central Bank Hack Sparks $40M Crypto Laundering in BTC, ETH

Drake Compares Love Life to Bitcoin Price Swings in New Lyrics

Ethereum Price Prediction: ETH Holds Narrow Range as ETF Demand Builds – Is a Breakout Near?

Mercado Bitcoin to Tokenize $200M in RWAs on XRP Ledger, Ripple Reveals

XRP Price Prediction: Is Consolidation Over? Crypto Michael’s Chart Hints at Explosive Move

Bitcoin Price Prediction: Post-$50B Whale Dump, BTC Price Holds Steady – Can Institutional Control Drive New Highs?

Trending

US Secret Service Builds $400M Crypto War Chest From Seized Scams Over 10 Years
All news

US Secret Service Builds $400M Crypto War Chest From Seized Scams Over 10 Years

07.07.2025
0

The US Secret Service has built one of the world’s largest seized crypto war chests, confiscating nearly...

[LIVE] Crypto News Today: Latest Updates for July 7, 2025 – “Fiat Is Hopeless”: Elon Musk Says ‘America Party’ Will Embrace Bitcoin

[LIVE] Crypto News Today: Latest Updates for July 7, 2025 – “Fiat Is Hopeless”: Elon Musk Says ‘America Party’ Will Embrace Bitcoin

07.07.2025
Russian Ministry Starts Compiling National Registry of Crypto Mining Rigs

Russian Ministry Starts Compiling National Registry of Crypto Mining Rigs

07.07.2025
Brazil’s Central Bank Hack Sparks $40M Crypto Laundering in BTC, ETH

Brazil’s Central Bank Hack Sparks $40M Crypto Laundering in BTC, ETH

07.07.2025
Drake Compares Love Life to Bitcoin Price Swings in New Lyrics

Drake Compares Love Life to Bitcoin Price Swings in New Lyrics

06.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz