The CEO of the London Stock Exchange (), one of the world’s stock exchanges, believes that could have a use in issuing securities and settlement. reported on the CEO Nikhil Rathi’s comments on May 2.
Speaking in an interview, Rathi noted that distributed tech () could potentially play a role in the market.
Specifically, Rathi expressed confidence about applications used in the issuance process, adding that he can also see the technology also being used for settlement.
The stock exchange’s CEO emphasized that the of in capital markets needed to be carried out with caution due to some extreme manifestations of innovation in the crypto industry. Still, Rathi stated that he encourages technological competition and innovation in the capital market business.
The LSE has previously been involved in the and industry. In February 2019, the exchange’s parent company, the London Stock Stock Exchange Group (LSEG), led a $20 million in startup Nivaura, which is reportedly developing the world’s first crypto-denominated, -settled .
Most recently, LSE-owned equity platform Turquoise a testing environment for British startup 2030.io to secure $3.9 million by selling .
In late April, the world’s largest stock exchange, , a new index dubbed XRP Liquid Index (XRRLX) on its global data service.
Published at Thu, 02 May 2019 12:19:06 +0000
