Key Notes
LSEG completes the first transaction on its new blockchain-based platform.
DMI targets private funds first, with plans to expand into other asset classes.
The UK’s tokenisation market is projected to triple by 2030.
The London Stock Exchange Group (LSEG) has reportedly launched its blockchain-based Digital Markets Infrastructure (DMI) platform.
The group confirmed on September 15 that the platform completed its first live transaction. Related article: UK FCA Makes Big Concession With Retail Crypto ETN Allowance
MembersCap, a Bermuda-based investment manager, was the first to use DMI to raise capital for its tokenised MCM Fund 1. Archax, a Financial Conduct Authority–regulated digital securities exchange, acted as a nominee for the transaction.
The DMI platform is develop