London Stock Exchange launches blockchain platform for private equity funds
the London Stock Exchange Group announced the launch of a blockchain-based digital market infrastructure platform, initially focusing on the private equity fund sector, marking the official entry of the exchange operator into the digital asset field. According to Monday's announcement, MembersCap has used the platform to raise funds for its tokenized fund MCM Fund 1. London-regulated digital securities exchange Archax acts as the nominal holder. By utilizing blockchain technology, the LSE Group aims to enhance efficiency in the private equity market - a sector increasingly seen as a mature testbed for digital transformation. Although the current platform is only open to private equity funds, the group plans to expand to other asset classes in the future. (Jinshi)
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