London Stock Exchange Debuts Blockchain Platform for Private Funds
has officially rolled out its Digital Markets Infrastructure (DMI) platform, an end-to-end, -powered infrastructure for private funds. The DMI system, developed with and built on Microsoft Azure, supports the lifecycle of digital assets across issuance, tokenization, distribution, investment, post-trade settlement, as well as servicing across asset classes.
LSEG reports its open and interoperable design links blockchain with traditional finance, leveraging LSEG’s established products like Workspace for streamlined investor access. MembersCap, Archax, and EJF Capital are the first onboarded clients; MembersCap’s MCM Fund 1 executed the first DMI platform transaction, with Archax acting as nominee for a foundation.
Investor Takeaway
LSEG’s Blockchain Platform Brings DMI to UK’s £1.2 trillion Private Markets
Private markets represent over £1.2 trillion in UK assets, which is more than half of Europe’s private market . Industry growth and demand for transparency have pushed to embed blockchain workflows. DMI aims to broaden distribution, boost capital-raising, and smooth liquidity for professional investors and asset managers.
According to Dr. Darko Hajdukovic, Head of Digital Markets Infrastructure, “There are many processes in private markets today that can be improved. At LSEG, we are committed to significantly improving access by streamlining workflows, enhancing distribution, and enabling liquidity.”
Archax is a digital asset platform regulated by the . At the identical time, EJF Capital, an ahead adopter, joins as part of the initial participant group to support the broader industry shift toward tokenized assets. Microsoft’s technology powers the platform’s security and scalability.
Capital managers can now onboard, raise funds, and interact with a wider pool of investors on a trusted, regulated platform, with interoperability across digital and traditional systems.
This launch sets LSEG as the first major global platform to operationalize private funds on blockchain at scale.
Bill Borden, Corporate Vice President at Microsoft, said, “Microsoft’s collaboration with LSEG on its Digital Markets Infrastructure is a powerful example of the innovation driving our strategic partnership.”
Parallel developments at and in the show a larger trend to digital rails for private and public asset classes.
Investor Takeaway
The UK’s private markets exceed £1.2 trillion, making it a hub for blockchain-enabled private fund innovation.
What’s next for LSEG, DMI, and global private markets?
The initiative solidifies LSEG’s position in digital asset infrastructure as DMI’s blockchain foundation is expected to streamline fundraising and settlement, assisting investors diversify with reduced administrative drag, real-time visibility, and cross-border investor access.
LSEG plans to expand DMI to other asset classes, with pilot transactions already underway. (FCA, HM Treasury) have set frameworks for digital securities and intermittent trading venues, removing friction for secondary market liquidity and tax exemptions.
