Catenaa, Saturday, September 20, 2025- The London Stock Exchange Group unveiled a blockchain-based infrastructure platform for private funds, marking the first deployment of such a system by a major global stock exchange.
The platform, named Digital Markets Infrastructure (DMI), supports the full lifecycle of digital assets, including issuance, tokenization, and post-trade settlement.
Developed with Microsoft and running on Azure, the DMI is designed to integrate distributed ledger technology with traditional financial systems. Private funds are the initial asset class on the platform, with plans to expand to additional assets.
Early users include capital management firm MembersCap and FCA-regulated crypto exchange Archax, which conducted the debut transaction as a nominee for the Cardano Foundation.
LSEG said the DMI will improve discoverability for private funds, allowing general partners to engage professional investors via Workspace.
The exchange aims to enhance connectivity, efficiency, and liquidity across traditional and digitally-native assets.
Bill Borden, Microsoft’s vice president of worldwide financial services, described the platform as a step toward “reshaping global finance to unlock new opportunities.”
LSEG’s head of digital markets infrastructure, Darko Hajdukovic, added that there is strong demand for interoperable, end-to-end, regulated financial market DLT infrastructure.
Industry experts, including JPMorgan’s Nelli Zaltsman, said blockchain solutions like the DMI may accelerate convergence between traditional finance and decentralized finance.
The platform seeks to broaden investor access to private market opportunities that were previously difficult to discover and participate in.
