London Stock Exchange launches blockchain private equity platform, completes first transaction

 London Stock Exchange Group (LSEG) announced that its blockchain-based private fund platform Digital Markets Infrastructure (DMI) has completed its first transaction. The initial clients are investment management company MembersCap and digital asset exchange Archax, with the transaction completing fundraising for MembersCap's MCM Fund 1. LSEG stated that DMI covers the entire lifecycle of assets, improves efficiency from issuance to settlement, and is compatible with existing blockchain and traditional financial services.