Blockchain Enters The City: London Stock Exchange Launches Private Funds Plat...
London Stock Exchange Group (LSEG) has launched a blockchain-based platform aimed at private funds and completed its first live transaction, a move that seeks to bring tokenization and faster settlement to traditionally slow fund markets. Related Reading: Strategic Bitcoin Reserve: Research Chief Claims US Likely To Launch SBR By Year-End According to LSEG, the new […]
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The London Stock Exchange Group has debuted its new blockchain infrastructure for private funds, completing its first tokenized fundraising. LSEG Has Launched Its Blockchain Infrastructure As announced in a press release on Monday, the London Stock Exchange Group (LSEG) has launched its blockchain infrastructure and facilitated its first transaction. The platform, called “Digital Markets Infrastructure” […]
CoinTelegraph reached out to Coinsilium to get some more details on its milestone IPO, set to become one of just a handful of Bitcoin companies in the world — and the first in Britain — to list its shares on London's junior stock market AIM. London-based Coinsilium plans to raise £3 million (US$4.6 million) with its listing on AIM (formerly the Alternative Investment Market), the stock market for small companies run by the London Stock Exchange. Coinsilium's CEO Eddy Travia has been managing VC and private equity funds for over a decade, and the reason this particular exchange was chosen....
Regulating a decentralized service is an extremely difficult task that needs to be handled with the utmost care. Whether a country is deciding to regulate Bitcoin or a city such as London is looking at ways to somehow regulate Uber drivers, there is no stopping the decentralizing revolution. Any private-hire taxi drivers – including Uber drivers – in the city of London, are being regulated by Boris Johnson, the city’s major. Not in a very strict way such as banning Uber outright, but rather by ensuring they have a decent level of knowledge of the area they operate in. And the city of....
The recently founded Sydney Stock Exchange is turning to blockchain technology in developing a settlement system that will see it provide an open blockchain settlement platform, enabling any company or broker to use the blockchain. The Sydney Stock Exchange (SSX is building a blockchain solution for the private equity market in an effort to provide a low-cost alternative for venture capital funds. A report from the Sydney Morning Herald reveals that the blockchain-based solution will see the settlement of trades in private companies to begin with. With regulatory approval, the system will....
Several prominent exchanges, trading firms and banks have come together to set up a blockchain-based settlement group that could significantly transition the current securities market in the way of settling securities trades. A group comprising of the London Stock Exchange, UBS, the CME Group, Societe Generale, LCH. Clearnet and Euroclear have formed an initiative to look into the possibilities of bringing blockchain technology to securities trading. As reported by the Financial News, sources familiar with the group have confirmed three meetings that have already taken place in recent....