London Stock Exchange launches £1.2 trillion Microsoft-backed private fund market on blockchain

London Stock Exchange Group has launched a blockchain-based platform for private funds and completed the first transaction. The digital markets infrastructure, developed with Microsoft, is designed to handle issuance, subscriptions, register maintenance, and post-trade servicing in one system. The first deal involved MembersCap, a reinsurance asset manager, and the exchange plans to extend the platform The post London Stock Exchange launches £1.2 trillion Microsoft-backed private fund market on blockchain appeared first on CryptoSlate.