London Stock Exchange

coindesk | March 11, 2019

Investment management company Invesco is launching a blockchain exchange-traded fund (ETF) on the London Stock Exchange today. For the effort, Invesco has partnered with London-based Elwood Asset Management, an investment firm specializing in digital assets, to launch the product called the “Invesco Elwood Global Blockchain UCITS ETF.”Elwood announced the news Monday, saying the ETF is designed to target companies with the potential to generate “real earnings” from blockc...

CoinDesk | April 15, 2019

While a trial effort looking at using tokenized equity to modernize the financial markets, the share offering involved real cash and was issued on the LSEG’s Turquoise equity trading platform. 20|30 sets out to tokenize equity and other securities using distributed ledger technology. The firm was notably part of the fourth cohort of the UK Financial Conduct Authority’s (FCA) regulatory sandbox, announced last July. As CoinDesk reported, LSEG and the FCA previously said they we...

CoinDesk | May 02, 2019

The London Stock Exchange (LSE) is taking a wait-and-see approach when it comes to blockchain, according to its CEO. Nikhil Rathi told CNBC in an interview published Thursday that the LSE has noticed several “interesting” ideas from rival stock exchanges and will see which ones “gain market traction” before making any moves in the space itself. Other stock exchanges have been more proactive with the technology to date. The Australian Securities Exchange (ASX) is notably r...

Investing.Com | July 26, 2019

The London Stock Exchange Group Plc (LSE) (L:LSE) is in talks to combine with financial data analytics and trading platform Refinitiv, the Financial Times reported on Friday, citing people briefed on the matter. A deal could be announced as soon as next week, the Financial Times reported, adding that it could not learn the terms of the transaction. A deal for Refinitiv would come less than a year after private equity firm Blackstone Group Inc (N:BX) bought a majority stake in the business from T...