The London Stock Exchange Group plans to provide on-chain settlement services for institutional investors

According to Cryptopolitan, the London Stock Exchange Group announced on Thursday its plan to launch an on-chain settlement service aimed at institutional investors, named LSEG Digital Securities Depository. This platform will connect traditional securities markets with blockchain networks, supporting the trading and settlement of tokenized bonds, stocks, and private market assets, while remaining compatible with existing infrastructure. The system will be compatible with multiple blockchain networks, with an initial delivery target set for 2026, pending regulatory approval.

LSEG has been operating a blockchain platform for private equity funds on Microsoft Azure, and this new system is a further extension of its digital asset strategy. The company stated that it will form a strategic partnership group to gather market feedback during the development process, building an ecosystem that connects digital and traditional markets across time zones and supports multiple payment methods. Major UK financial institutions such as Barclays, Lloyds, National Westminster Bank, Standard Chartered, and Brookfield have expressed support for the plan.