LSE Group draws up plans for blockchain-based digital assets business: report

The London Stock Exchange Group has drawn up plans for a new digital markets business to offer extensive trading of traditional financial assets on the blockchain technology known for powering cryptocurrency, the Financial Times reported.

The company had been examining the potential for a blockchain-powered trading venue for around a year and reached an “inflection point” where it decided to take plans forward, Murray Roos, head of capital markets at the LSE Group, told FT in an interview.