London Stock Exchange Unveils Blockchain-Powered Platform for Cash and Digital Assets Settlement

robot
Abstract generation in progress

Source: CryptoBriefing Original Title: London Stock Exchange unveils blockchain-powered platform for cash and digital assets Original Link:

Overview

London Stock Exchange Group (LSEG) has launched a blockchain-based settlement platform that enables financial institutions to move real commercial bank money and settle assets instantly, 24/7, across both traditional and digital asset networks.

Key Features

The service, Digital Settlement House (LSEG DiSH), enables near-instant payment-versus-payment (PvP) and delivery-versus-payment (DvP) settlement using commercial bank deposits.

These deposits are recorded on the DiSH ledger (DiSH Cash), giving participants immediate ownership and transferability.

The platform acts as a bridge between on-chain and off-chain systems, allowing assets and payments to be orchestrated across multiple independent networks, whether they are blockchain-based or conventional financial infrastructure.

Benefits

According to LSEG, instant, synchronized settlement:

  • Shortens settlement timelines
  • Reduces counterparty risk
  • Unlocks assets that would otherwise be tied up
  • Increases collateral availability
  • Improves balance sheet efficiency

Market Impact

“LSEG DiSH expands the tokenised cash and cash-like solutions available to the market, and for the first time, offers a real cash solution tokenised on the blockchain utilizing cash in multiple currencies held at commercial banks,” said Daniel Maguire, Group Head of LSEG Markets and CEO of LCH Group.

The innovative service will enable users to reduce settlement risk and integrate existing cash, securities, and digital assets across new and existing market infrastructure.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
MEVSandwichVictimvip
· 3h ago
LSE's move here is to pursue an intermediate route of on-chain settlement. It sounds good, but whether it will truly go on-chain depends on how it is used later.
View OriginalReply0
GasOptimizervip
· 3h ago
LSE has really figured this out, directly moving the settlement onto the blockchain. Banks need to speed up their pace.
View OriginalReply0
ReverseTradingGuruvip
· 3h ago
Traditional financial giants are also starting to play with blockchain, but this time they might really be changing the game.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)