The London Stock Exchange plans to launch on chain settlement services

The London Stock Exchange Group announced plans to launch an on chain settlement service for institutional investors, the LSEG Digital Securities Depository, which will connect traditional securities markets with blockchain networks, support trading and settlement of tokenized bonds, stocks, and private market assets, and be compatible with existing infrastructure. The system will be compatible with multiple blockchain networks, with an initial delivery target of 2026, and regulatory approval is required. The London Stock Exchange Group has previously operated a blockchain platform for private equity funds on Microsoft Azure, and this new system is an extension of its digital asset strategy.