The London Stock Exchange Group is exploring blockchain's potential to revolutionize traditional asset trading.
The LSE Group has been exploring the potential of a blockchain-based trading venue for about a year.
Importantly, Roos clarified that the LSE Group’s focus was not on cryptocurrencies. Instead, they aim to leverage blockchain technology to improve the efficiency of holding, buying, and selling traditional financial assets.The core idea was to use digital technology to create a process that is “slicker, smoother, cheaper, and more transparent” for traditional assets, Roos explained. He also emphasized that the platform would be subject to regulation.
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