London Stock Exchange Launches Blockchain Platform for Private Funds
CryptocurrencyBlockchain FundsUpdated 9 hours ago

London Stock Exchange Launches Blockchain Platform for Private Funds

The London Stock Exchange has launched a blockchain-based platform for private funds, developed in partnership with Microsoft. This innovative platform aims to streamline fund management processes and enhance transparency. The first successful transaction was completed with MembersCap, marking a significant step in modernizing capital raising for private funds.

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London Stock Exchange launches £1.2 trillion Microsoft-backed private fund market on blockchain
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The London Stock Exchange has launched a blockchain-based platform for private funds, completing its first transaction with MembersCap. Developed with Microsoft, this system streamlines various processes in fund management.
Editor’s Note: This launch is significant as it represents a major step towards integrating blockchain technology in traditional finance, potentially increasing efficiency and transparency in private fund transactions.
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The London Stock Exchange Group has successfully executed its first blockchain-powered transaction, allowing MembersCap to raise capital for a private fund through a digital infrastructure.
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The London Stock Exchange has launched a new blockchain-based platform aimed at enhancing the management of private funds. This innovative step is expected to streamline operations and improve transparency in the investment process.
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