London Stock Exchange blockchain launches for funds

September 15, 2025 – The London Stock Exchange blockchain has officially gone live, making LSEG the first global exchange to adopt distributed ledger technology for private funds. Developed with Microsoft, the platform runs on Azure and is called Digital Markets Infrastructure (DMI).

The system handles the entire digital asset lifecycle, from issuance and tokenization to post-trade settlement. It also ensures interoperability between distributed ledger systems and traditional financial infrastructure.

London Stock Exchange blockchain supports private funds

Private funds are the first asset class onboarded. Through DMI, general partners can list private funds that professional investors can access via Workspace.

MembersCap and Archax were the first clients to join. MembersCap executed the debut transaction, with Archax acting as nominee for the Cardano Foundation.

Microsoft partnership expands blockchain reach

Bill Borden, corporate vice president at Microsoft, said the collaboration highlights the innovation driving finance. LSEG emphasized that demand for regulated blockchain infrastructure is rising as investors seek greater liquidity.

Roadmap for digital assets

While private funds are the initial focus, LSEG plans to expand to more asset classes. The long-term goal is to provide institutions wider access to tokenized markets, faster settlement, and transparent infrastructure.