• Latest
London Stock Exchange Watching for ‘Interesting’ Blockchain Use Cases: CEO

London Stock Exchange Watching for ‘Interesting’ Blockchain Use Cases: CEO

May 2, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Business

London Stock Exchange Watching for ‘Interesting’ Blockchain Use Cases: CEO

coinnewsdaily by coinnewsdaily
May 2, 2019
in Business
0
London Stock Exchange Watching for ‘Interesting’ Blockchain Use Cases: CEO
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022

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 rebuilding its ageing CHESS settlement system with help from distributed ledger startup Digital Asset.

Further, the Gibraltar Stock Exchange (GSX) recently started allowing the listing of tokenized bonds, securities and funds. While Switzerland’s top stock exchange, SIX, also aims to launch a blockchain platform to speed up trading later this year.

Other stock exchanges, including in Jamaica, Thailand and Spain, have also announced initiatives around blockchain and digital assets.

Perhaps hinting at areas in which the LSE might already be eyeing the tech, Rathi told CNBC:

“You can certainly see distributed ledger technology having an application in the issuance process. I can see that technology being used in settlement too.”

Early this year, LSE Group led a $20 million seed funding round for capital markets blockchain startup Nivaura. Rathi also joined the startup’s board at the time.

Nivaura aims to automate the entire life cycle for the issuance of financial instruments – bonds, equities, derivatives – using blockchain technology. LSE Group and Nivaura have also worked together on the issuance of tokenized securities as part of the regulatory sandbox program of the U.K. Financial Conduct Authority (FCA).

In a related effort last month, blockchain startup 20|30 raised £3 million ($3.93 million) in a sale of tokenized shares in a test environment on a LSE Group-operated platform.

For now, though, the stock exchange appears appears in no rush to make any direct use of the technology.

London Stock Exchange image via Shutterstock

Credit: Source link

Tags: BusinessCryptoCrypto Business
Share76Tweet48
Previous Post

Binance’s Compliance Drive Continues With New Elliptic Partnership

Next Post

Code For Ethereum’s Proof-of-Stake Blockchain To Be Finalized Next Month

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

ygg sea surpasses 10,000 scholarships in just six months of launch
Alt Coin

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications
Alt Coin

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin
Alt Coin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
what are wrapped tokens?
Bitcoin

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?
Alt Coin

What is the future of Ethereum (ETH)?

April 22, 2022
Load More
Next Post
Code For Ethereum’s Proof-of-Stake Blockchain To Be Finalized Next Month

Code For Ethereum's Proof-of-Stake Blockchain To Be Finalized Next Month

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$23,786.003.27%
  • ethereumEthereum(ETH)$1,643.844.75%
  • tetherTether(USDT)$1.00-0.08%
  • binancecoinBNB(BNB)$318.204.20%
  • rippleXRP(XRP)$0.4150051.45%
  • cardanoCardano(ADA)$0.3963033.41%
  • dogecoinDogecoin(DOGE)$0.0901562.49%
  • matic-networkPolygon(MATIC)$1.173.19%
  • okbOKB(OKB)$39.732.22%
  • solanaSolana(SOL)$26.309.79%
  • polkadotPolkadot(DOT)$6.634.14%
  • shiba-inuShiba Inu(SHIB)$0.0000122.53%
  • litecoinLitecoin(LTC)$97.319.85%
  • tronTRON(TRX)$0.0640181.76%
  • daiDai(DAI)$1.00-0.03%
  • cosmosCosmos Hub(ATOM)$13.895.96%
  • chainlinkChainlink(LINK)$7.403.30%
  • leo-tokenLEO Token(LEO)$3.68-2.46%
  • moneroMonero(XMR)$186.160.84%
  • ethereum-classicEthereum Classic(ETC)$22.694.65%
  • bitcoin-cashBitcoin Cash(BCH)$137.344.40%
  • stellarStellar(XLM)$0.0937521.09%
  • crypto-com-chainCronos(CRO)$0.0823271.33%
  • filecoinFilecoin(FIL)$5.545.92%
  • algorandAlgorand(ALGO)$0.2629002.71%
  • vechainVeChain(VET)$0.0246342.65%
  • internet-computerInternet Computer(ICP)$6.253.73%
  • aaveAave(AAVE)$88.075.02%
  • eosEOS(EOS)$1.112.23%
  • elrond-erd-2MultiversX(EGLD)$45.181.79%
  • theta-tokenTheta Network(THETA)$1.114.01%
  • tezosTezos(XTZ)$1.176.75%
  • paxos-standardPax Dollar(USDP)$0.99-0.34%
  • bitcoin-cash-svBitcoin SV(BSV)$44.282.34%
  • huobi-tokenHuobi(HT)$5.140.94%
  • havvenSynthetix Network(SNX)$2.470.24%
  • pancakeswap-tokenPancakeSwap(CAKE)$4.133.46%
  • iotaIOTA(MIOTA)$0.2410101.81%
  • dashDash(DASH)$57.8614.74%
  • zcashZcash(ZEC)$47.465.34%
  • makerMaker(MKR)$670.153.25%
  • neoNEO(NEO)$8.412.72%
  • zilliqaZilliqa(ZIL)$0.0294780.89%
  • basic-attention-tokenBasic Attention(BAT)$0.2745145.82%
  • compound-governance-tokenCompound(COMP)$56.200.71%
  • nemNEM(XEM)$0.0398843.68%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • kusamaKusama(KSM)$36.871.47%
  • bitcoin-goldBitcoin Gold(BTG)$17.741.86%
  • qtumQtum(QTUM)$2.723.45%
  • wavesWaves(WAVES)$2.730.61%
  • sushiSushi(SUSHI)$1.355.03%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • yearn-financeyearn.finance(YFI)$7,728.104.02%
  • golemGolem(GLM)$0.2473291.08%
  • omisegoOMG Network(OMG)$1.534.62%
  • ontologyOntology(ONT)$0.2195002.30%
  • digibyteDigiByte(DGB)$0.0110053.49%
  • umaUMA(UMA)$2.111.72%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%