London Stock Exchange launches blockchain private equity fund platform to complete its first transaction

PANews September 15th news, according to CoinDesk, London Stock Exchange Group (LSEG) announced that its blockchain-based private equity fund platform Digital Markets Infrastructure (DMI) has completed its first transaction. The first batch of clients were investment management company MembersCap and digital asset exchange Archax, and the transaction was completed for MembersCap's MCM Fund 1. LSEG said that DMI covers the entire life cycle of assets, improves the efficiency of issuance to settlement, and will be compatible with existing blockchains and traditional financial services.